As shipments of Chinese cars are stopped by US customs and EU officials continue their inquiry into electric vehicle subsidies, the likelihood of further import controls creeps closer to certainty, analysts said.
Mexico has been the beneficiary of more Chinese investment in recent years, and its preferential status with its northern neighbour has provided a way past US tariffs. But there are other benefits – and risks – analysts say.
As geopolitical changes increase the cost and stress of doing business from home, Chinese companies are finding alternative locations for production, particularly in Southeast Asian countries like Vietnam.