Country: mexico
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Biden’s Sanctions on Chinese EVs Highlights Stark Divide Between U.S. and Global South
While the U.S. government moved aggressively on Tuesday to install massive new barriers intended to prevent Chinese electric vehicles from entering its market, Mexico, coincidentally on the same day, went entirely in the opposite direction — welcoming the launch of EV giant BYD's first-ever mid-size hybrid pick-up ...
Cheap Chinese Steel Threatens Jobs in Latin America
By Paulina Abramovich Latin American metal workers are clamoring for higher import tariffs as cheap Chinese steel floods the region, threatening hundreds of thousands of jobs linked to the industry. Last year, the region imported ...
Chinese EV Brands Want to Dominate Global South Auto Markets
Enthusiasm for electric vehicles is waning in both the U.S. and China, but that is definitely not the case in other parts of the world where EV adoption rates are steadily rising. In fact, at the Bangkok Motor Show this week, ...
Sure Looks Like Chinese Companies Are Using Mexico as a Backdoor to the U.S. Market to Avoid Tariffs
New data tracking the number of cargo containers traveling from China to Mexico fuels suspicions that Chinese exporters are sidestepping U.S. sanctions by shipping goods to the Central American country, which are then brought over the border tariff-free. Chinese exports to ...
WEEK IN REVIEW: U.S. Senator Marco Rubio Plans to Introduce Legislation to Sharply Boost Tariffs on Chinese Vehicle Imports
U.S. Senator Marco Rubio said he plans to introduce legislation to extend the current tariffs on Chinese cars to those made in other countries, namely Mexico. "America’s existing tariffs, once effective, are now insufficient to counter China’s newest strategies," Rubio said. (AUTOMOTIVE NEWS)
Letting Some Get Wealthy First
By Felix Brender 王哲謙 This week, the Communist Party set a rather ambitious GDP growth target of 5%, doubling down on China’s growth narrative and development success story without qualifications. At the same time, CNN and Al Jazeera are reporting on PRC citizens ...
Chinese EV Giant BYD May Never Sell a Car in the U.S., but It Will Everywhere Else
The Chinese government accused the United States of engaging in "classic protectionism" in response to Washington's drive to ensure Chinese-made EVs stay out of its market. There's mounting concern among U.S. lawmakers that China is going to use Mexico as a ...
BYD Launches Low-Cost Model in Mexico and Will Choose Site for Plant This Year
Chinese electric vehicle (EV) manufacturer BYD launched its Dolphin hatchback model in Mexico with a price tag around half that of the cheapest Tesla model. Stella Li, president of BYD Americas, stated that the company will choose a site for its new ...
BYD Is Not Planning to Enter the U.S. Market
Chinese electric vehicle manufacturer BYD is not planning to enter the U.S. market, according to Stella Li, CEO of BYD Americas, and will instead focus only on Mexico's domestic market with plans to construct a plant in the vicinity of Mexico City.
China’s New Investment Priorities in Latin America and the Caribbean
For much of the past year, there's been a lot of talk about China's new leaner, more focused Belt and Road Initiative that goes by the mantra "Smart and Beautiful." The problem is very few people actually know what it looks ...
Outcry Grows as U.S. Reduces Scrutiny of Chinese Entering U.S. From Mexico
Concerns are growing after U.S. Customs and Border Protection expedited the screening process for Chinese asylum seekers amid a record leap in such cases. The CBP slashed the number of questions it asks inbound Chinese asylum seekers from roughly 40 to five after ...
U.S. Becoming Increasingly Worried About Chinese EV Car Brands Setting Up Factories Across the Border in Mexico
The United States government is becoming nervous about the prospect of Chinese automakers building new factories in Mexico that would afford those new vehicles duty-free access into the U.S. market. MG, BYD and Chery are reportedly all in talks to build ...