International Final Project International_FinalReport | Page 10
WORLD NUMBER ONE BUSINESS MAGAZINE
NO1 EXCLUSIVE
INTERNARIONAL EAGLE MAGAZINE
www.internationaleagle.com
If Ping Solutions wants to work with the china to expand their brand it would be kind of difficult at the beginning because they have
the infrastructure to keep a good way to work for the outside but in the other hand the dollar there is more expensive, that makes
that all the products that they have here in México and then to export them to other country it would make that price higher.
Mexico is localized in a geopolitical zone distant from that of China, which has conditioned much of the historical nature of the
bilateral relationship. The paradox at present is that the attitude of the United States is generating a mutual incentive to explore
common alternatives. China is trying to find a stable new normal and maintain social stability. Compared to other parts of the world,
North America is not only remarkably stable but is also doing well economically.
The “triangular” relationships between China,
Mexico and the USA are complicated. Over the last
three decades, China’s growing presence in the
world has been both rapid and pro-found, which
has had a significant impact on the world
in many aspects. These aspects have affected the
relationships between China and the USA, China and
Mexico and the USA and Mexico.
In 2013 Mexico reported a trade deficit with
China of $56 billion, and that over 900,000
manufacturing jobs had been lost to Chinese
competition. To improve this situation, Mexican
small business associations, manufacturing groups, and entrepreneurs in the Chinese diaspora argue that the federal government
should more actively support public-private partnerships to connect suppliers, exporters, and importers. Others disagree, arguing
that the trust necessary for economic cooperation is undermined by intrusive regulations and state intervention.
In 2017, two-way trade between both nations amounted to $80.8 billion USD.
Mexico’s exports to China amount to $5 billion USD each year while Mexico’s imports from China amount to $66 billion USD with
a difference of $61 billion USD in China’s favor.
The country now accounts for one-third of global growth. Over 800 million people have been lifted out of poverty and the country
has achieved upper middle-income status. China’s per capita GDP continues to converge to that of the United States, albeit at a more
moderate pace in the last few years.
China is a highly collectivist culture where people act in the interests of the group and not necessarily of themselves. In-group
considerations affect hiring and promotions with closer in-groups (such as family) are getting preferential treatment.
Whereas relationships with colleagues are cooperative for in-groups they are cold or even hostile to out-groups. Personal
ALL IN ONE PLACE
9