Globalism 2.0

All In On Mexico... (ChinaPat edition)

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Globalism 2.0.  Episode  17:   

All In On Mexico… 

(Another ChinaPat presentation)

  • The end of the story: If your supply chain / manufacturing is in China and you are planning to someday, definitely take a serious look at alternatives - then this is your day.
  • Mexico is the default move for “near-shoring”. The no-brainer part ends there, though.   You have a lot of decisions to make and many, many new things to figure out. 
  • Mexico is the classic "fast or cheap" type of economy.   You're running out of fast.

    • In this episode:

    • All in on Mexico, but… The good news, the bad news, and the potential for a China presence.
  • You are on your own. If you learned about China from expensed visits to the Canton Fair (4 Seasons), then you may be in a for a surprise. But as always in Mexico – that’s OUTSIDE OF MEXICO CITY.  (You’ll be hearing that a lot.)   But if you were early enough to China to have enjoyed some adventure business travel, then you may be in luck.
  • Time is NOT on your side. The big MNCs are already here, doing manufacturing in a big way up north. No BRI deals for Mexico (the reason might surprise you), but there will definitely be a China Inc. presence in the neighborhood.

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    Globalism 2.0By globalism2 / Andrew Hupert