0ur mexico correspondent, will grant, reports from the northern city of monterrey. Scores of chinese companies render relocating to mexico to reproduction 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 on china and in a worsening Trade War with the us. This General Manager says the move to mexico makes economic and logistical sense. They already employ 400 people and have ambitious plans to expand. And have ambitious plans to exand. , ~ and have ambitious plans to exand. , ~ ~ expand. Translation we hope ou are expand. Translation we hope you are triple expand. Translation we hope you are triple and expand. Translation we hope you are triple and quadruple you are triple and quadruple production. The intention here in mexico is to bring our Production Levels up to that of our Factories Production levels up to that of ourfactories in Production Levels up to that of our factories in v
Nearshoring. 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. They avoid tariffs and sanctions imposed on china amid a worsening Trade War with the us. The General Manager says the move to mexico makes economic and logistical sense. They already employ a50 people and have ambitious plans to expand. Translation we ambitious plans to expand. Translation ambitious plans to expand. Translation ~. ,. , ambitious plans to expand. Translation ~. ,. , translation we hope to triple or even quadruple translation we hope to triple or even quadruple production. Translation we hope to triple or even quadruple production. The even quadruple production. The intention here in mexico is to bring our Production Levels up to that of our Production Levels up to that of our factories our Production Levels up to that of ourfactories in our Produ
The move to mexico makes logistical sense, they already employed for herd 50 people and of ambition ambitious plans to expand. The intention here ambitious plans to expand. The intention here in mexico is to bring our Production Levels up to that of our Production Levels up to that of our factories our Production Levels up to that of ourfactories in our Production Levels up to that of our factories in vietnam. Our Production Levels up to that of ourfactories in vietnam. Whether its furniture, T Shirts or car parks, the proximity to the us and the skilled Labour Force here parks, the proximity to the us and the skilled labourforce here makes mexico an attractive prospect to chinese companies, and as more chinese companies, and as more chinese firms reach that same conclusion and set up factories here, its been an important shot in the arm to the mexican economy, particularly post pandemic. A Chinese Industrial Park in the city of monterey, the demand for plots is sky high with every ava
general manager says the move to mexico mixed economic and logistical sense. fortunately people have ambitious plans to expand stability of the triple or even quadruple production, he says. the intention is to bring her production levels up to that of our factories in vietnam. whether it s furniture is, t shirts or carports, the skilled labour force are is, t shirts or carports, the skilled labourforce are mixed mexico an attractive prospect to chinese companies. as more chinese firms reach that conclusion and set our factories here, it s been an important shard the mexican economy, particularly post covid i9 pandemic. and the industrial park in the city. demand for plots is sky high with every available space already sold and it is little wonder many economists say chinese interests in mexico is no passing trend. the question
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