Mexico

Emerging Sino-Mexican Strategy

08 April 2006

MONSTERS AND CRITICS (UNITED STATES)--On a three-day visit to Beijing last month, Mexican Foreign Minister Luis Ernesto Derbez addressed growing speculation by some observers that China-Mexico bilateral relations were strained, due in large part to China's existing trade practices and its cautious policy concerning the revaluation of its currency the yuan. “China is Mexico’s strategic ally, not an economic rival,” Derbez said. The foreign minister’s emphatic comment points to a surprising about-face in relations between the two countries that suggests development of a new cooperative “Sino-Mexican” economic and energy arrangement. Source: http://news.monstersandcritics.com/southamerica/article
_1153693.php/Emerging_Sino-LatAm_strategy
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