Conditions and Challenges of This New Triangular Relationship from a Mexican Perspective
Mexico and the United States share a long history of political, military, social, immigration, cultural and economic relations. Mexico has been among the three main trading partners of the US in recent decades, while the US has been the top trading partner of Mexico since statistics have been available. This chapter examines the “new triangular relationship” between the US, Mexico, and China, particularly from a Mexican perspective. With the global reemergence of China since the last decade of the 20th century, the relationship between Mexico and the US has substantially shifted in a variety of ways. The analysis first focuses on the general socioeconomic triangular relationship of Mexico with the US and China, based on a literature review; issues involving Chinese trade and foreign direct investment (FDI), are highlighted, as well as the overall relationship of Latin America and the Caribbean (LAC) with China. The next section discusses topics concerning this triangular relationship that are currently being analyzed in Mexico, particularly regarding China. The final part of the analysis concentrates on the main characteristics of this “new triangular relationship,” policy questions, and future research issues.
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