On cheaper Labour Costs or favourable tax regimes. But what happens when that shifts back the other way . Its called near shoring and its Given Mexico a major boost as the Trade War between china and the us hots up. Scores of chinese companies have been taking advantage of conditions in Northern Mexico to get around us sanctions on chinese goods by making those same products in mexico instead. At the same time, some big us firms have relocated from asia to mexico. So what are the pros and cons . 0ur Mexico correspondent, will grant, reports. Made in mexico but owned by china. The sofas of the Manoa Furniture Company are part of the buzzword in Mexican Business Near shoring. This is one of scores of chinese companies relocating to Industrial Parks in Northern Mexico to bring production closer to the us market. As well as saving on shipping, the final product is considered 100 mexican, meaning they avoid tariffs and sanctions imposed
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