A large number of Chinese companies are interested in investing in Mexico

0
5


There are a lot of Chinese companies with the firm interest in investing in the Mexican economy, something that occurs in the middle of a tariff war unleashed by Donald Trump against their two main commercial partners, revealed Jesús Seade Kuri, ambassador of Mexico to the People’s Republic of China.

“The attraction of Chinese investment to Mexico is going very well, in the areas of interest for Mexico, a lot of investment from China has come and it is good for China, Mexico and North America,” the diplomat told Forbes Mexico.

—How many new companies seek to get to Mexico from China? He asked him.

“I haven’t told them, but it’s a lot and consult us every day investors.” They are very interested in investing in Mexico, said the official.

At the beginning of the government of former President Andrés Manuel López Obrador, the representative of the Mexican government in China served as Undersecretary for North America of the Ministry of Foreign Affairs (SRE).

Before arriving at that position, the former negotiator of the Mexico Treaty, the United States and Canada (TMEC) lived in Hong Kong, a territory of China. There the official’s family lives. Subsequently, the former president of the Republic, Andrés Manuel López Obrador sent him to Beijing to defend the interest of Mexicans and to promote Mexico as the best nation to invest in America.

Chinese companies quintupled their investment in Mexico during the first 9 months of Claudia Sheinbaum compared to the same period of the administration of Andrés Manuel López Obrador, according to the Ministry of Economy (SE).

From October 1 to the first half of 2025, Japanese companies have injected a capital of 949 million dollars in the Mexican economy compared to 178 million dollars arrived between January and July 2019, when the fourth transformation assumed power in Mexico.

The high interest of Chinese companies to invest in Mexico is given within the framework of a commercial war unleashed by Donald Trump against the Beijing government.

Also the interest of Chinese investors is in the midst of the cleaning operation to stop the smuggling of Chinese products, as well as the imposition of tariffs in the textile industry and footwear to stop the unfair competition of those companies.

Mexico participated as a third interested in 12 controversies before the World Trade Organization (WTO), established against anti -dumping and compensatory measures that affect international trade, imposed by the European Union, USA, Ukraine, China, Australia and the Dominican Republic.

On August 15, 2025, Mexico began collecting tax of 33.5 percent to international purchases or imports from countries without a Free Trade Agreement (FTA), such as China. This fiscal measure reaches the Digital Platforms Temu, Shein or Aliexpress.

In April 2024, the Government of Mexico imposed temporary tariffs between 5 percent and 50 percent to the import of 544 tariff fractions applicable to products from countries with which it does not have commercial agreements, including China, and subsequently rectifies some.

The United States has as main commercial partners Ancient and Barbuda, Bahamas, Barbados, Belize, Colombia, Costa Rica, El Salvador, Granada, Honduras, Jamaica, Panama, Dominican Republic, Saint Kitts and Nevis, Santa Lucía, Trinidad and Tobago and Mexico.

While China is the largest shopping partner in Brazil, Chile, Peru and Venezuela. And the European Union has its largest commercial ally to Cuba.

“During the 21st century, Latin America’s foreign trade was generating an increasingly important commercial deficit with China, the largest registered with respect to any other commercial partner”

“This deficit was reduced at the time of the pandemic of Coronavirus disease (COVID-19), although it exceeded 100,000 million dollars in 2022”.

Mexico is the country that presents the largest commercial deficit compared to China, of an annual average of 92 thousand 646 million dollars during the 2020-2023 period, while that of the region as a whole was 89 thousand 912 million dollars annually.

In the region, only Brazil, Chile and Peru systematically register commercial surpluses with China.

Follow business information and today in Forbes Mexico

Do you like to inform yourself for Google News? Follow our showcase to have the best stories


LEAVE A REPLY

Please enter your comment!
Please enter your name here