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Exports: Why Chinese manufacturers need to rethink their expansion in Mexico

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Published: November 26th, 2024,
Last updated: December 7th, 2024

BYD is about to finalize its plans for a factory in Mexico. High US tariffs may thwart the expansion.
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China and Mexico have forged closer economic ties in recent years. This has a lot to do with the automotive industry. Manufacturers and suppliers from the People’s Republic have long been established in Mexico. One in three of the 1.4 million newly registered cars last year came from a Chinese brand.

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