HISTORICAL CONTEXT
When did Mexico and China established diplomatic relations?
1972
In what year was the USMCA agreement signed
2018
What is the political landscape in Washington regarding China?
It is becoming increasingly hostile.
According to Baker, what is the only current solution for the US and Mexico to counter China's power?
For both countries to independently create new measures and policies that target China’s emerging threats.
how many industrial parks are expected to be build?
10
What facilitated the integration of China into North American trade?
The Free Trade Agreement
When will the USMCA be reviewed, and what will be the main topic of discussion?
It will be held in 2026 and the main debate will be the United States and Mexico's relation with China/the trade war
How will the US position towards China change after the 2024 elections?
It won't. Both candidates are likely to keep the defensive stance, and it is possible that trade policies and tariffs will continue to strengthen.
What is the prominent policy applied by the US to target the current trade war?
Tariff increments
What is the range of potential GDP growth for Mexico due to the Inter Oceanic Corridor?
between 3% and 5%
When did exchanges between Mexico and China accelerate?
Early 2000s
What caused the increment of trade flow between China and Mexico without investing any political or diplomatic capital?
The business community and the flexible political environment
What's Sheinbaum's stance towards China?
She emphasized that Mexico relation with china will continue to grow, but it is crucial to maintain the relation with the US.
What is the objective of the Select Committee on the Strategic Competition between the United States and the Chinese Communist Party?
Creating policies that target economic, ideological and technological emerging threats
how much is Mexico investing into the Interoceanic Corridor?
$7.5 billion
What role did China play in the economic integration of North America?
It acted as an adhesive by providing affordable inputs and raw materials.
What percentage of Mexico's imports came from China in 2023?
19% (20% is considered a correct answer)
Can the US coerce Mexico into implementing certain policies countering China?
It can, but it isn't reliable to apply coercion because Mexico has a deeply rooted foreign policy and legitimate reasons to maintain its alliance with china. It may backfire
Mention at least one of the recommendations given to the United States to counter China
(1) the removal of the permanent normal trade relations status due to the incompatibility of China economic system with WTO rules
(2)the renewal of the US’s former china-specific safeguard and
(3) the promotion of research and development in emerging technologies
Why is Mexico an attractive location for businesses seeking to relocate their supply chains?
Its proximity to the US makes it attractive.
What are some past events that have strained Mexico-China relations? Mention at least 1
Mexico's reluctance to approve China's WTO membership, the cancellation of a high-speed train project with China, and the scrapping of the Dragon Mart shopping mall project in Cancún.
What's the objective of the USMCA agreement? Mention at least 2 actions/targets mentioned in the presentation
Enhance regional content in industries like the automotive sector
Include stricter regulations on labor, environment, and SOEs.
Address concerns over non-market practices
Regulate North American companies and limit Chinese influence
Why should Mexico consider the US when considering applying new policies towards China?
Mexico deeply depends on their exports to the US, they obviously don’t want to upset their largest trading partner
Describe Mexico's posture towards China and explain the country's "Blind spot". The answer must contain at least 3 of the many key points mentioned in the presentation
Mexico's neutral posture has maintained the status-quo of the country
Mexico doesn't have a committee, analysts insist it is urgent to implement more policies
There are certain policy decisions disapproving China's trade, but they coexist with the promotion of investment in the country
Morena has stated that the relation between both nations will keep strengthening
The US influences the relation between China and Mexico
how much of the global trade passing through the Panama Canal will the Inter Oceanic Corridor will handle?
5%