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ID:
187152
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| Summary/Abstract |
The Bretton Woods institutions have failed to accommodate a rising China, and many authors describe this moment as a crisis of the liberal order, which China is intentionally contesting. The World Trade Organization was incapable of offering a solution to the trade war, and more recently, the World Health Organization was incapable of reducing – and rather partly contributed to – tensions between the US and China in the management of COVID-19 crisis. This Special Issue is made up of six manuscripts that address the most sensitive issues of the China–Latin American relationship amid the challenges of the growing dispute with the United States. The manuscripts assess the four main concerns that are shaping the agenda in China–Latin American relations in times of increasing geopolitical and geoeconomic competition between the United States and China: the Belt and Road Initiative, the One-China policy, the trade war, and the COVID-19 crisis.
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| 2 |
ID:
187156
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| Summary/Abstract |
The Mexico–China economic relationship is highly asymmetric, although the amount of total trade between the two countries has grown rapidly in the last ten years. Chinese exports to Mexico have grown exponentially and have diversified into different economic sectors. In contrast, Mexican exports to China have also grown but at a much slower pace and the pattern shows more concentration in fewer products. Paradoxically, in the context of the United States–China trade war, the Mexican economy has benefitted from the increase in tariffs that the United States has imposed on Chinese products. In 2019, for the first time, Mexico displaced China as a main trade partner of the United States. In this context, this article analyses the current economic relationship of Mexico with China and the United States in a triangular scheme, the impact of the United States–Mexico–Canada Agreement on the China–Mexico relationship, and Mexico's trade relationship with both economies in the context of the trade war.
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