China Southern Airlines, the leading airline in China, is about to start its first direct flight to Mexico by mid-April.
This step predicts more business interactions between China and Latin America’s second-biggest economy.
The airline plans to run two weekly non-stop flights from Shenzhen to Mexico City, as per a China Southern spokesperson speaking to Bloomberg.
This route will be the longest from China, making it one of the globe’s longest regular flights.
Additionally, Mexico is playing a crucial role in easing US-China trade tensions.
After facing tariffs and trade barriers from the US, China saw a 20% drop in its exports to the US last year, making Mexico its top trade ally.
Mexico is attracting companies leaving China for locations more aligned with US interests, known as nearshoring.
In addition, Chinese firms are relocating to keep their market access in the US.
The presence of Chinese electric car makers in Mexico has caused disputes in the US, with accusations of bypassing US trade limits.
US Trade Rep accuses Mexico of exporting non-USMCA metals; Mexico denies exporting Chinese metals, tensions escalate.
The BYD EV Dolphin Mini’s introduction in Mexico City on February 28, 2024, marks the launch of a cost-effective electric car.
US Treasury Secretary Janet Yellen’s December visit to Mexico stressed that foreign investments must not endanger US security.
She advocated for a diversified supply chain to increase resilience.
A new flight connects Mexico City with Shenzhen, home to BYD, top electric car maker and industrial hub.
Although BYD plans to open a plant in Mexico, the city has yet to be announced. Car exports remain vital for Mexico’s economy.