Expert Says China Not a Threat to US in Mexico Zhang Yuchen - China Daily
go to original October 31, 2014

Jose Rogelio Garza, undersecretary of industry and commerce of Mexico, discussed the investment environment in Mexico at the China-Mexico Industry Investment Cooperation Seminar during the sixth China Overseas Investment Fair Oct 24 in Beijing. (Zhang Yuchen/China Daily)

China's increasing commerce with Mexico will not negatively affect the relationship between the United States and its southern neighbor, said an expert.

The interdependent relationship between the US and Mexico won't be changed, and both still see China as a competitor, said Dr José Luis-Ugalde, senior scholar at the Universidad Nacional Autónoma de México (UNAM) and visiting professor at the Freie Universität in Berlin, Germany. Valdés-Ugalde letured in Renmin University of China in Beijing in September, about one and a half months after Chinese President Xi Jinping's visit to Latin America.

China exported $61.3 billion worth of goods to Mexico in 2013, while importing $6.5 billion.

The volume of Mexico's exports to the US and Canada through the North American Free Trade Agreement (NAFTA) reached $310 billion last year, 87 percent of which is to the US.

Under a new comprehensive strategic relationship, China and Mexico intend to increase cooperation in areas such as food, automobiles, energy, medicine and electronic devices.

"It is not necessarily invading the US zone," said Valdés-Ugalde.

Read the rest at China Daily

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