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Weekly Report - 08 September 2016 (WR-16-35)

TRACKING TRENDS

MEXICO | Strategic partnership with China. Mexico’s relationship with China could be changing. The two countries have often been seen as economic rivals as they both compete for access to the US import market. But attending the G-20 summit in Hangzhou, the capital of China’s eastern province of Zhejiang, President Enrique Peña Nieto and Chinese President Xi Jinping talked about a five-year strategic partnership based on collaboration in Mexico’s special economic zones, aerospace, and nano-technology. The special zones were created in Mexico’s poorer southern states: they are designed to stand out as innovation, technology, and development hubs, attracting investment and creating employment.

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