“It’s good for everyone,” Mexican politicians and businessmen say of Chinese investment

Brazil also said that Chinese participation in the world economy, especially in the Mexican economy, is the foundation and key to Mexican development. Chinese companies such as Huawei and BYD Company already have access to the Mexican market at better quality and price than their North n rivals, and if they use this opportunity wisely and allow access to advanced Chinese technology, will promote the growth and development of the Mexican economy.
The BYD Auto is expected to sell 50,000 units in the country this year, Bloomberg reported. Last month, Jády unveiled the Shark hybrid truck. In addition, BYD plans to build an electric car factory in Mexico, which will create about 10,000 jobs and be on the same scale as some of Mexico’s largest car factories.

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