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Transcripts for BBCNEWS The World Today with Maryam 20240604 18:44:00

To deal have a strategy vis a vis china, how to deal into have a strategy vis a vis china, how to deal into this new triangular relationship. To deal into this new triangular relationship to deal into this new triangular relationshi. ~. ,. ,. , relationship. Whether a to the us or art of a relationship. Whether a to the us or part of a costly relationship. Whether a to the us or part of a costly war relationship. Whether a to the us or part of a costly war between relationship. Whether a to the us or part of a costly war between the part of a costly war between the superpowers, near shoring is still to stay and mexico must be pragmatic if it is to reap the long Term Benefit of this new, often hostile, global trade arrangement. Will grant, bbc news, monterey. To the uk now and a question are you over the age of 30 and no longer up late nights out but missing a trip to the disco . Well, an event called Day Fever is aiming to change that by holding raves in the daytime the brainchild of F

Transcripts for BBCNEWS The World Today with Maryam 20240604 18:42:00

The move to mexico makes logistical sense, they already employed for herd 50 people and of ambition ambitious plans to expand. The intention here ambitious plans to expand. The intention here in mexico is to bring our Production Levels up to that of our Production Levels up to that of our factories our Production Levels up to that of ourfactories in our Production Levels up to that of our factories in vietnam. Our Production Levels up to that of ourfactories in vietnam. Whether its furniture, T Shirts or car parks, the proximity to the us and the skilled Labour Force here parks, the proximity to the us and the skilled labourforce here makes mexico an attractive prospect to chinese companies, and as more chinese companies, and as more chinese firms reach that same conclusion and set up factories here, its been an important shot in the arm to the mexican economy, particularly post pandemic. A Chinese Industrial Park in the city of monterey, the demand for plots is sky high with every ava

Transcripts for BBCNEWS The World Today with Maryam 20240604 18:41:00

Something known as near shoring, amidst the Trade War between the Ute China in the us, scores of chinese companies have been taking advantage of conditions in Northern Mecca so to get around us sanctions on chinese goods by making those same products in mexico instead. At the same time big us firms have relocated from asia to mexico, so what are the pros and cons of this, our Mexico Correspondent will grant reports not from the northern city of monterey. The final product is considered 100 mexican, imposed on china amid a worsening Trade War with the us

Transcripts for BBCNEWS The World Today with Maryam 20240604 18:43:00

Mexico is a no passing fad. The Cuestion Mexico is a no passing fad. The question is mexico is a no passing fad. The question is not mexico is a no passing fad. The question is not if mexico is a no passing fad. Tue question is not if this mexico is a no passing fad. Tte question is not if this Trend Mexico is a no passing fad. Ttj question is not if this trend will continue but rather how much of that trend we can take advantage of, because just as mexico is thinking and we are having this conversation here, i am sure that some people are having this same discussion in columbia, in vietnam, in costa rica. Amid the near shoring, firms like tesla have announced plans to set up in mexico, too, helping the country replace china as the us main trading printer. Its a significant change that some Urge Caution over being drawn into the wider geopolitical struggle. The being drawn into the wider geopolitical struggle. The old rich. U geopolitical struggle. The old rich cu in the geopolitical s

Transcripts for BBCNEWS Asia Business Report 20240604 23:36:00

of conditions in northern mexico to get around us sanctions on chinese goods by making those same products in mexico instead. at the same time, some big us firms have relocated from asia to mexico too. while nearshoring has undoubtedly provided the mexican economy with a major boost during the global economic downturn, many are asking if the boom can last. our mexico correspondent, will grant, reports from the northern city of monterrey in other news, made in mexico but owned by china, the furniture company a part of the business. scores of chinese companies relocated to industrial parks in northern mexico to bring production close to the us market with shipping and the final product is considered 100% mexican. the avoid tariffs and sanctions imposed on china and the worsening trade war the us.

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