Current Trends in the Development of Chinese-Mexican Trade and Economic Cooperation

Abstract

The article discusses the history of forming China and Mexico trade and economic cooperation and its current situation. Against the background of the analysis of the bilateral relations historical aspect, the current state of trade and economic relations has been studied and a number of problems have been identified. China’s high economic growth rates, the need for new markets and sources of raw materials are pushing this country to explore and develop the market of the Latin American region. Mexico, due to its geographical proximity to the United States, is of particular interest to China. The relevance of the article is due to the peculiarities of the current moment in the global situation and the active development of Chinese-Latin American relations.

Keywords

• latin america
• mexico
• china
• bilateral cooperation
• strategic partnership
• trading partner
• chinese capital
• attracting investment
• trade balance
• chinese economic diplomacy