Despite Mexico's strategic advantages and booming manufacturing sector due to global trade shifts, they haven't taken opportunities to replace China as a major manufacturer for the US. What factors stifle Mexico's growth and are there drawbacks to its proximity to the US?
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Mar 17
The Rise Of The Middle Powers
Europe and the United States share the largest trade relationship in the world, worth nearly 2 trillion dollars each year, but that partnership is starting to fracture. Beneath the surface, this relationship is built on deeply interconnected supply chains, financial systems, and ... Show More
33m 40s
Dec 22
Did China Just Drop The Ball On Global Dominance?
China’s position as the world’s factory is shifting. Growth is slowing to approximately 4-5%, wages are rising, the workforce is shrinking due to an aging population, the property crisis is weighing on GDP, and Western tariffs are restricting exports. For decades, China produced ... Show More
16m 15s
Apr 2023
Is Mexico benefiting from the US-China trade war?
Increasingly, US companies are 'nearshoring' - moving their operations closer to home.Cities in the north of Mexico, like Monterrey, are seeing a manufacturing boom. We speak to some of the companies who are cashing in, and ask, is this a renaissance that will last?Plus we look a ... Show More
17m 29s
Jun 2022
WHY IS CHINA EXPORT GROWTH SLOWING DOWN
In 2007, purchase power parity was stronger in India and China; therefore, they contribute more to global growth than the United Kingdom, Japan and the U.S. In 2018, China consumers are beginning to consume and invest. In the past, sovereign wealth funds have helped emerging mark ... Show More
17m 41s
Mar 2024
US can't compete with China's technology, so it wages economic war
Why is the United States waging economic war on China? Ben Norton discusses how China became the world's industrial superpower and a leader in important technologies, why the US is unable to compete, and the clash between Western neoliberal capitalism and Chinese socialism.
VIDEO ... Show More
44m 22s