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Monday, August 04, 2008

Doing business in Mexico.

AZ Central, August 4, 2008 - “The rapid economic emergence of China and India has pushed Mexico a bit out of the spotlight. Maquiladora plants have closed as Mexican labor costs got undercut by cheaper workers in Asia. North American Free Trade Agreement issues have taken a backseat to rapid trade expansion with the giant developing countries of Asia. ‘Mexico got hit hard when China joined the World Trade Organization,’ said Roy Nelson, associate professor of international studies at the Thunderbird School of Global Management in Glendale. ‘A lot of low-cost manufacturing operations moved to China.’” Read more.

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