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.

  • claudiop@lemmy.worldEnglish
    81·
    3 months ago

    Didn’t they have some of the biggest house prices to income ratios? And wasn’t private tutoring out of control in there? And weren’t they fighting with almost every single neighbor they have?