Led by the automaker BYD, China has established itself as the main car supplier in Mexico. The US worries China could use Mexico as a “back door” to sidestep tariffs and gain footing in the US market.

Foreign investment would be an economic boost for Mexico. The company has claimed that a plant there would create about 10,000 jobs. A Tesla competitor, BYD markets its Dolphin Mini model in Mexico for about 398,800 pesos—about $21,300 dollars—a little more than half the price of the cheapest Tesla model.

  • jumjummy@lemmy.worldEnglish
    173·
    2 months ago

    Wow, you’re just putting out all the propoganda pieces aren’t you. Is this your alt account from .ml?

    China gets ahead by stealing IP, cutting all corners with environmental concerns, and has a ridiculously low labor rates.

    Sadly the western countries allow businesses to offshore and keep those profits. Short term gain for them by helping build up the West’s biggest rival.

    • naturalgasbadEnglish
      11·
      2 months ago

      Manufacturing labour costs were $8.31 per hour in China last year, compared with less than $3 in places such as India, Thailand and Vietnam. - The Economist

      • jumjummy@lemmy.worldEnglish
        2·
        2 months ago

        Yes, it’s starting to go up because all of the outsourcing to China. Now they are outsourcing to other countries. The IP theft is still rampant though.