Date: 2025-01-06 Page is: DBtxt003.php txt00027716
GEO-ECONOMICS
FOCUS ON CHINA ... MEXICO AND LATIN AMERICA?
BlowMe AI: China's $81.5 Billion Deal With Mexico SHOCKS the U.S
What's Going On?
FOCUS ON CHINA ... MEXICO AND LATIN AMERICA?
BlowMe AI: China's $81.5 Billion Deal With Mexico SHOCKS the U.S
What's Going On?
Original article: https://www.youtube.com/watch?v=7KXYdc7DWGk
Peter Burgess COMMENTARY
I am an old Englishman ... now 84 years old.
Much of what young people think of as history is simply current affairs for me.
I am also interested in technology ... and what technology can do for progress. Far too many top decision makers seem to think that doing what was done yesterday reasonably well is all that is required to be successful in the future.
That sort of thinking is obsolete ... and has been for decades!
In the UK out-of-date thinking has been a problem for several decades ... and it has emerged as a big problem in the USA.
Trump is not going to help! In fact Trump will substantially accelerate the decline of America as a rich and powerful nation and make the USA more and more dependant on a smaller and smaller group of 'friends'.
Right now, the Trump 'wrecking ball' policy framework is attractive to his followers ... but Trump is going to fail 'big time' in the real world which does not 'buy in' to Trump madness!
China is not like Trump at all! China has problems and some of these are big and going to be difficult to solve ... but China has some very competent business organizations including BYD which is now starting to outsell Tesla in the electic car market.
Peter Burgess
BlowMe AI
Nov 28, 2024
88.3K subscribers ... 289,635 views ... 5.2K likes
U.S. tariffs on Chinese goods have unexpectedly strengthened China-Mexico economic ties. In 2023, bilateral trade between China and Mexico reached $100.2 billion, making China Mexico's second-largest trading partner. Chinese exports to Mexico totaled $81.56 billion, while Mexican exports to China reached $18.74 billion. Chinese companies are increasingly investing in Mexico, with FDI reaching $5.6 billion in 2023. This shift is particularly noticeable in the automotive sector, where Chinese vehicles now account for 10% of Mexico's market share.
Transcript