Chinese companies: Accelerated expansion into Mexico-direct investment increased 5.3 times
May 09, 2019
Direct investment from China: 2018 Mexico Ministry of Economy
It has reached $ 250.2 million, an increase of 22.9% over the previous year.
In particular, it increased about 5.3 times mainly in the manufacturing and automotive industries.
Number of companies operating: (See Figure 1)
Looking at only one year in 2018, there are 67 more Chinese companies.
Over 44 companies in Korea and 36 companies in Japan.
State of Entry by State: (See Figure 2)
By far, there are a large number of entries into the capital city of Mexico.
If you look only at companies that entered into business after 2017,
Jalisco,
Nuevo Leon,
San Luis Potosí
There are relatively many forays into.
Industry Entry Status: (See Figure 3)
Looking at the companies entering the market after 2017 alone, the proportion of manufacturing industry has risen relatively.
In particular, in recent years, there are many Chinese-affiliated manufacturers entering the province of Nuevo Leon and San Luis Potosí, which are advantageous as an export base to the United States.
Chinese Companies: Background of Growth
The impact of additional customs measures on Chinese products under Article 301 of the 1974 Trade Act of the United States.
Consultant in Mexico: Mr. Prodensa
In the past year, provided services to establish an export base to the US to 20 Chinese companies.
Among them, 10 companies have decided to invest in Mexico or the United States.
-JETRO
https://www.jetro.go.jp/biznews/2019/05/f7d461f1e4ecdc8b.html