Mexico seeks to solidify rank as top U.S. trade partner, push further past China
Why do HN commentators assume Mexico is a 3rd world shithole?<p>It&#x27;s kind of surprising how a country that China has only just caught up to in GDP per Capita [3] and HDI [4] is assumed to be a shitshow of an economy.<p>Hell, the household income in China [0] (~$4,000) is still 30-50% of Mexico&#x27;s [1] (~$12,000)<p>Mexico has it&#x27;s problems, but most of that stems from the Peso Crisis in the 1990s, which was similar to the recession China is faced during COVID.<p>[0] - <a href="http:&#x2F;&#x2F;www.stats.gov.cn&#x2F;english&#x2F;PressRelease&#x2F;202201&#x2F;t20220118_1826649.html" rel="nofollow noreferrer">http:&#x2F;&#x2F;www.stats.gov.cn&#x2F;english&#x2F;PressRelease&#x2F;202201&#x2F;t2022011...</a><p>[1] - <a href="https:&#x2F;&#x2F;www.economia.gob.mx&#x2F;datamexico&#x2F;es&#x2F;profile&#x2F;geo&#x2F;mexico" rel="nofollow noreferrer">https:&#x2F;&#x2F;www.economia.gob.mx&#x2F;datamexico&#x2F;es&#x2F;profile&#x2F;geo&#x2F;mexico</a><p>[2] - <a href="https:&#x2F;&#x2F;data.worldbank.org&#x2F;indicator&#x2F;NY.GDP.PCAP.CD" rel="nofollow noreferrer">https:&#x2F;&#x2F;data.worldbank.org&#x2F;indicator&#x2F;NY.GDP.PCAP.CD</a><p>[3] - <a href="https:&#x2F;&#x2F;hdr.undp.org&#x2F;data-center&#x2F;country-insights#&#x2F;ranks" rel="nofollow noreferrer">https:&#x2F;&#x2F;hdr.undp.org&#x2F;data-center&#x2F;country-insights#&#x2F;ranks</a>