Mexico, China very different trading partners

Bloomberg – Although China and Mexico both trade a lot with the U.S., and have both been running significant trade surpluses with the U.S. for decades, that’s where the similarity ends. The China-U.S. trade relationship is spectacularly unbalanced, with a gap between goods exports and imports that exploded not long after China joined the World Trade Organization in 2001 and that, while it has subsided a bit since last year, is still of a scale never seen before “Chimerica” came into being.

https://www.bloomberg.com/view/articles/2016-12-07/mexico-and-china-are-very-different-trading-partners

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