Part 3/11:
In cities like Monterey, Chinese brands have launched more than ten different brands, signifying a widespread and strategic infiltration into the consumer and industrial sectors. This pattern indicates a tailored approach, combining direct investment with joint ventures, to embed Chinese manufacturing capabilities deep within local economies.
The Manufacturing Renaissance in Mexico
Mexico stands out as a critical beneficiary of this shift. Over the last few years, many of America's largest industrial corporations have begun relocating or expanding manufacturing operations into Mexico. This trend, which took off during Donald Trump's presidency amid tariffs on Chinese exports, has been compounded by the COVID-19 pandemic and geopolitical tensions such as the Russia-Ukraine conflict.