China to develop industrial park in Mexico providing supply base to US using cheaper labour
The government of Jalisco state in Mexico and the China Communications Construction Company (CCCC), have signed an agreement to create an industrial park to host Chinese manufacturers in the area that could be China's biggest-ever investment in Latin America.  Jalisco is home to Mexico's second largest city, Guadalajara, and located near Mexico's top container port Manzanillo and the industrial belt of central Mexico, giving good links to Mexico City and the US.  Furthermore, China's rapid economic growth has led to a much sharper rise in its labour costs than Mexico, making the latter increasingly attractive for manufacturers.  

Representatives of China Communications Construction Company are shown at work on a project in this file photo. The company has signed an MOU with the state of Jaliscoon on what will stand as one of the biggest Chinese investments in Mexico to date. Photo: Handout