How Mexico is Becoming the New China
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- Опубліковано 3 тра 2023
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Writing by Sam Denby and Tristan Purdy
Editing by Alexander Williard
Animation led by Josh Sherrington
Sound by Graham Haerther
Thumbnail by Simon Buckmaster
References
[1] www.barrons.com/articles/mexi...
[2] ustr.gov/sites/default/files/...
[3] ustr.gov/sites/default/files/...
[4] ustr.gov/sites/default/files/...
[5] www.statista.com/statistics/1...
[6] data.worldbank.org/indicator/...
[7] drive.google.com/file/d/1DNbs...
[8] www.pewresearch.org/short-rea...)
As an American, I'd buy "Made In Mexico" over "Made In China" any day! Love our southern neighbor.
Thank you, that's really nice to hear!!!!!
they’re literally run by drug dealers
I agree 100%
Prosperity to North America 🌎 🇺🇸 🇨🇦 🇲🇽
Dude it’s all made in China. Mexico is just a building hub so China can avoid those import taxes. China ships it to Mexico, builds it there then imports to USA from Mexico.
I wish the very best for Mexico, it has a behemoth economy, great culture, food, music and people. They deserve the best lifestyle possible.
Thank you 🇲🇽
Mexico is already very rich though. The lack of living and safety qualities just comes from the corrupt culture from Mexico's government or people.
only person to blame is the ones governing yall.
I totally agree.
@@brian5001 the fuk you on abt?
This comment section is restoring my faith in humanity.
Vaya sorpresa ver a Holly por aquí!
❤
Wow
Yeah
Omg super holly
Go Mexico! Many of us Americans have your back we love you and wish you nothing but the best! ❤
❤
As longer as they don't outplay USA it's possible westerners are not happy leaving them behind as they see china as a threat now because china is outplaying them in many sectors
Really Greengos????
I'm Mexican, and I work in help desk. I've chatted with fellow colleagues who work from India and the Philippines. We compare our salaries in US dollars. Both Indians and Filipinos are surprised of how much less money we get than the do for doing the same outsourced job.
Dónde?
That's your fault.
@@sarahbrower2453 No, it's not. Don't be stupid.
This is surprising. I would have expected Mexico >> Phillipines > India.
Soy ingeniero de software y gano como 5 veces lo que gana mi jefe en india 😂
Mexico is one of the largest producers of automobiles in the world, just behind Germany. Its manufacturing capabilities were never in doubt.
Isn't the current largest China, 2nd Japan.
Terrible quality. Way to go
China - 26.08 million.
United States - 9.17 million.
Japan - 7.85 million.
India - 4.40 million.
South Korea - 3.46 million.
Germany - 3.31 million.
Mexico - 3.15 million.
Yeah but the problem is that the US is extremely racist so they think of Mexico as garbage so the appeal is lesser
@@MagicMike_101 hey, didn't even need an example
Rooting for Mexico 🇲🇽 here in Us 🇺🇸 … so many good people in Mexico
Props to mexico from zambia 🇿🇲 ❤🇲🇽
As an Indian I wish Mexican People prosperity and development .
One day very soon brics+ my friend!
As an American I give your comment a thumbs up
One day it was Taiwan without abundance of natural resources but US spy to china and prosper while next to the US who crashed mex. Now China as emerging superpower to balance the scale. It's great for mex actually developed and free itself from US Control and colonialism.
I Pray that India gets in on this as much as China.
Thank you 🇲🇽🇮🇳
I do honestly prefer doing more with importing with mexico, our neighbor. So many people in the US have ancestry there, speak the language, and even still have family there. Though, I really want to see Mexican companies spring up. I don't want to just buy chinese products from Mexico. I want to see Mexico flourish.
💯
Get rid of the cartels ...regain those cities being infested by them
They will. Mexican domestic industry is exploding. I see Cemex plants all over Florida.
That's how usually countries grow, US manufacturing companies moved to China 30+ yrs ago and now look where China is. If Mexico knows how to capitalize on the knowledge transfer Mexico in 30 yrs will be the new China.
Not to mention the fact that Mexicans are broadly speaking, actually Native to the continent. lol Where as Americans who had family come from Europe 2 or 3 generations ago are newish immigrants, and not natives in the same way.
As an exporting US manufacturer in Mexico I love how this video encapsulates & presents the situation. I was only bothered that Baja California wasn't mentioned at all; Tijuana and Mexicali have manufacturing capabilities similar to Monterrey but with actual border crossings in both cities crossing tons of goods & products nonstop
so you are in the industry but you are ingnorant to the fact that "made in Mexico" is a cover for Chinese manufacturers that are moving to the west, in the Caribbean and mexico and setting up business..so they can enter their products in the US for little to no taxes...you people need to really pay more attention
As a Mexican American, seeing how much love Americans have for my birth nation is really surprising. I only wish the Mexican government could get their act together
Yeah, that's why we want to build a wall to keep you guys out...
It takes time. Worry about the country we live in. The US government cannot get its act together while meddling in other worlds affair, giving away Billions of dollars to Ukraine
Agreed, if Mexico can get a strong government against corruption, and build a manufacturing hubs Mexico has potential to be one of the next big economic superpowers.
Si naciste en mexico no eres mexico americano, eres Mexicano , si arreglaste tu ciudadanía, eres naturalizado estadounidense, los mexico americanos son los nacidos en mexico de uno o dos padres mexicanos
Funny that this government is being criticized when it was this government the one that expanded 5 ports, rebuild 3000 kilometers of railroad, 1700 kilometers of roads, built 14 industrial hubs and 2 new airports, that's more than the last 3 governments combined.
I'm from Juárez and this city is 100% manufacturing. Really hope the government capitalize this opportunity and in a few decades Mexico is a manufacturing leader not because of geography, but because of the manufacturing quality and the capacity to create innovative solutions. I'm doing my part working in the industry
Ojalá. Pero México solo podrá superar la trampa del ingreso medio si consigue I+D propio y no sólo depender de las transnacionales. Suerte
Take the example of Invisalign invisible braces for teeth. They are moulded in Mexico and shipped to the rest of the world, even here in Australia. Moulding highly-personalised products for teeth is no easy feat and yet Mexico is able to effortlessly do it. This is not to mention that Mexico is home to a thriving car manufacturing industry. Mexico can also play a major role in pharmaceuticals if it isn't already.
How do you know English?
Keep on kicking ass. Love to see it. You guys need a TSMC style lithography industry. That would be huge.
@@miinyoo That wouuld be a HUGE boost for Mexico industry...but for having such a facility you need a lot of human and technical infraestructure that Mexico still doesn't have...but maybe in 5 years that could be possible.
To my neighbors in Mexico I hope we can work closer together 🇺🇸🤝 🇲🇽
And finally stop massive illegal immigration , human trafficking and drug trafficking to the north .
You aren’t working with Mexico your working with China did you not watch the video
Hubbabubba we cool but there's 85% of Americans hates Mexicans
WORD ✊🏼
and not just in a one-sided exploitative NAFTA way either
As an American, 100+ days ago I started learning Spanish. Mexico 🇲🇽 is the future
Only if you contain the cartels
@@a88888888atrue I really hope so
didn't your capital get raided 😂😂 that's never happened in Mexico
@@kingfx-ru5gf not really that was all for show
@theback9236 nope not true at all, merica is going downhill, millions of criminal immigrants, they we're a nightmare in Mexico and they're just passing through now imagine they are permanently staying in the usa
There's a city called Pesquería (Fishery) which was in decay, little employment, crime, the youth leaving, and so on.
Until some Korean companies decided to move part of their manufacturing there; stores with Korean products started appearing to satisfy the nostalgia of expat workers.
Now the city is flourishing and it is nicknamed with love "Peskorea".
Also Asian expats often say they are from Chinaloa from the State of Sinaloa x China.
I prefer Peskorea.
That’s hilarious
Asians are always welcome, they are workers and open up businesses wherever they go.
I'm an American who moved to Monterrey 2 years ago. In the 11 years I've been visiting this city I have seen it massively transform, skyscrapers everywhere, streets full of bmw's and audis, but it doesn't seems that the wealth is being shared as there are still parts of town that are absolutely destitute. It's kind of like a dusty cyberpunk city nestled in the mountains. Very cool city, but it has a lot of things to still figure out.
Northern Mexicans will ignore this problem and have the nerve to call themselves a developed region. Utterly delusional.
I wouldn't count on Mexico to succeed in the long run. The government is so corrupt that it's likely to give into Marxism.
Monterrey is still governed by a so corrupted governor. It will take some time to reduce this negative impact on population. By other hand, federal government is increasing the benefits on poorest people gradually. In five years the minimum salary has increased about 80% which is still low but it will keep increasing year by year more than in the past.
Is the same I the USA people in comply poverty, no medical care , while a minority holds the money.
Devin you basically described every bug city in the world. Of course, with different degrees, but this is true in every country.
I live in Monterrey and can say that the impact of foreign investment in manufacturing has been really transformative to the region. However what I think this video fails to address is that it has increased inequality and cost of living for a lot of people. The opportunities created by these companies are not equal for everyone, and the government in Nuevo Leon has failed to address the issues of housing, transportation and enviromental concerns for the local population.
Faster growing economies will always have increasing inequality. That's how you basically have to grow. That doesn't mean the government shouldn't address those concerns but just that increased inequality is expected.
>and the government in Nuevo Leon has failed to address the issues of housing, transportation and enviromental concerns for the local populatio
That seems reasonable things to be concerned about or want addressed. One thing that holds back Latin America a lot are policies that are just basically giving money away rather than trying to bring i more foreign investment and keeping government spending to the essentials that help people work -- transportation/infrastructure, affordable housing, education.
East and South East Asia that have seen a lot of growth basically kept welfare minimal but spend heavily on housing, education, and transportation/infrastructure.
Exactly, monterrey is quite a hellhole if you are not "blessed" by this amazing opportunities
@@TheAmericanDeagle There probably isn't a better place in Mexico than Monterrey for the average Mexican, financially speaking
Why would you rely on govt? That‘s precisely why latin america has so many problems people just blame the govt wait for the govt to step in do everything for them
@@TriStarIII Well, to be fair to OP, the specific things he mentions should be addressed by the government. He didn't mention welfare. LATAM has problems because they often just want to give money away.
Good luck to Mexico from a Chinese person - ppl here seldomly talk about the industrial build-ups in Mexico but I firmly believe in its potential and future. Hopefully I can travel there one day!
Your welcome anytime to visit Mexico my friend, Appreciate this!
As an American with many Mexican friends made working together in the restaurant industry, I want nothing more than to see Mexico and its people succeed and prosper. In my experience, they're wonderful, generous, hardworking people who deserve nothing but the best. I hope the Mexican government seizes the economic opportunity while the time is still ripe, or gets filled with people willing and able to do just that. They could easily become one of the most economically and geopolitically important nations on the planet if they play their cards right.
Mexico is doing a great job in rapidly becoming a manufacturing super hub. They are manufacturing literally everything in recent times, from Prismacolours to automobiles. Hope they can sustain their growth in the long run and become even more prosperous. Lots of love from India
usa # 1
As a Mexican, I think that manufacturing in Mexico is the lesser evil.
We get paid poverty wages. But then again, there's nowhere else to work.
Maquiladoras pay slave wages, but it's either that or starve.
The wages that Mexicans earn in maquiladoras, are only good for buying tortillas, eggs and beans. The money Mexicans get from all the hard work, is just not enough to make the country better.
Yo India is also growing quite fast, we are brothers in growth
@@raymonddon8875 USA used to be #1 in so many things but has fallen far behind many other countries these days... There is not much to boast about now so chill...
@@JonathanAlmgren the USA has become an investment and agricultural hub (though mostly corn). We’re doing more than fine when it comes to exports. We still make some of the best steel and by far the best pharmaceutical technology in the world.
What America should be focusing on are things like public services for its own citizens. Education, healthcare, and infrastructure are in dire need of some reforms.
I'm on a project where we are making a product in Japan. The contract manufacturer is so inept that at least once a week someone on our team says, "We should have been making this in Mexico."
No way!
No te creo
No me digas😂
what do you need help with? im mexican!
lol what? okay 😅
I recently bought a Kia, made in Mexico! I thought it was my first Korean car, but its my first Mexican Car!
I have alot of respect for those from Mexico as I have always seen them first hand, since I was a child in the US, as hard working. All your success is well deserved.
I live in the state of Guanajuato in central Mexico and I can confirm that, despite the fact that it has become way more violent that it was before, Chinese, Japanese, and American manufacturing has grasped the state’s economy and has made it better than ever before. Most of the cities and towns that surround these factories are definitely poor and undeveloped yet thanks to these companies, things are starting to improve and will only get better over time (like Sam said) even though the government is not at its best and violence is worse than ever before.
There will be a limit ceilling soon for this growth, you are only required as low cost labour force, fundamentally, there is no incentive to improve your wages after a certain threshold. Taiwan, South Korea and Singapore are a good example of how to keep improving, with development of nationally owned technology, if you don't create a generation of self-developed tech, you will reach maybe the GDP per capita of something like Portugal, and then that's it, no growth anymore.
What part of Guanajuato are you in? in the capital reported violence is higher but there haven't been major signs of it from personal experience
Disclaimer: Guanajuato is BY FAR the state with most homicides in Mexico.
More companies don't bring more development, companies are not well date they just care on exploiting people and places for their resources and pay pennies, don't delude about this the US don't want a partner they want a servent
@@Brian-tn4cdMy wife's family is an hour drive west of Leon in Guanajuato and she has had multiple family members kidnapped and held for random in the past couple of years. From what her family says, their little area was usually left alone in terms of violence but it has definitely been increasing in the past few years.
As a Mexican studying in the US at the moment, I hope both countries achieve the level of harmony Canada and the US have.
no será posible mientras no nos respeten como pueblo y como nación soberana. Más que sus socios nos ven como inferiores.
The real question is how ur family got so rich that they can afford to send u to the us to study while ur compatriots down south live in miserable conditions?!
Great idea but never will happen
Mexico has an open invite to everyone
Mexico don’t care if your a criminal that’s why China/taliban/N.Koreans go to Mexico and cross the border they the desert
@@crlsdarioMexico doesn’t deserve the same level of respect but can easily become respected as soon as it improves
México is doing better than the USA
As an Asian living in the U.S, I hope this economic cooperation continues. Those made in Mexico Fender Stratocasters are awesome for the price.👌🏽
My Mexican 2016 Duo Sonic HS has better fretwork and pickups than what the US factory is churning out right now.
What is not mentioned is that China is one of the biggest participants in Mexico's industrial parks. Elsewhere online it is quoted: “The reason Chinese investments are being made in Mexico, in the manufacturing sector, is [to get] the products close to the clients to avoid supply-chain issues,” said Guilherme Campos, a Shenzhen-based international business advisory manager with professional services firm Dezan Shira & Associates.
So China is getting a bite of the US market via Mexico, though the percentage is yet to be determined.
If southern China want to avoid all the crisis, they have to get off from Beijing Rule. But it won't happen in my lifetime. Got out from China before they became 卷
When the BRICS Currency is fully accepted - first they must have one. And the dollar-dept outside the US is huge, and to get out of the $ the $-debts first must be paid, which will push the demand for $ further. Check out the inflation rate of the BRICS-Countries and specially of the countries, that announced wanting become part of the BRICS. "Want to do" and "able to do" are not the same thing.
But there are big changes taking place in the middle east, all Arabian Countries start pulling together the same rope. Israel won't be exited about it, which reminds me of the prediction about how WW3 will be started.
It's tough when you're fully invested and take a hit. You end up paying the ultimate price. Unfortunately, there's not much you can do about it.
You can properly diverse your portfolio now. If you didn’t close your positions, you might not be safe and if you did inflation will devalue your money. Consult with a financial advisor, the markets are crazy enough to make a lot of profit likewise a lot of loss.
@@lowcostfresh2266 I agree, where can one find a qualified, reputable one? I stay in New Mexico I can hardly get any of them here to answer questions.
@@TomD226 I work with Laurel Dell Sroufe a retirement planner and independent broker in NY, who grew my down position of 250k to 438k in 6 months outside my traditional IRA and on a brokerage, the model uses defensive strategies to keep track of funds that we have set aside.
This is something I've been saying for a while about Mexico and US issues. Help Mexico get rich helps alleviate US issues. Glad to see someone with a bigger blow horn is also talking about this.
It's not just Mexicans crossing the border if thats what your trying to say
how about returning manufacturing jobs to the usa and actually see a middle class
@@javiervega1065 no reason why you can't do both. US demand for manufacturing products is greater than its labor force could potentially provide.
@@javiervega1065 crazy that you say that as a Latino
@evancombs5159 we have the industrial base for it, and the resources manpower it comes down to people wanting cheap labor
The overall quality of your content is overwhelmingly good. All across the board. In every single detail.
Absolutely thrilled to hear about manufacturing bringing jobs to Mexico! This is fantastic news for the hard-working people who deserve opportunities and economic stability. It's a win-win situation, as it not only creates employment but also helps in uplifting local communities and fostering growth. Let's celebrate this positive development that empowers individuals and contributes to Mexico's overall progress.
I'm seriously surprised it took this long for americans to realize what it seems a logic step.
I love Mexico and it's people. I look forward to seeing hecho en Mexico!
I love seeing it on products too.
yeah you would rather see made in Mexico as opposed to made in USA.. shows what kind of person you are.
My car was made in Mexico. It is put together better than expensive Tesla's made in the U.S. Many Tesla's have to be rejected because parts aren't put together and matched well. They have to be sent back to fix the flaws.
@@Jan96106My 2016 VW Golf GTi was made in Mexico and it’s been extremely durable and reliable.
Yes, Thank you.
I love the "Attacking symptoms rather than causes" line.
Very Good. "Improve economy>Reduce Crime>Reduce Immigration"
Improve economy>fund the cartels doing the crime
Main problem is most inmigrants to the US are not Mexicans, since before covid, there are more US to Mexico migrants than the other way, most of inmigration although happening from mexican borders is from other south american countries
@@ratgr
The failed war on drugs helps displace people in those regions too.
@@wakkaseta8351
The war on drugs is what delivers the market to the cartels.
why do I see people copy pasting this post?
I bought my Mazda in Canada 🇨🇦 March 2021 … proudly made in Mexico 🇲🇽 … very happy with the quality /performance of my vehicle.
I hope Mexico will be more aggressive in producing a lot of product and brings to the world . God bless Mexico.
I’m so glad you mentioned that the increase in gainful employment in Mexico will reduce the influence of the cartels over the long term. Regular people turn to criminal enterprise when they don’t have other options, and increasing manufacturing will help with that.
Mexico is a plutocracy (or kleptocracy) with a huge existing and growing population so there will always be poor people attracted to the cartel lifestyle in abundance. The reason for that is because of the "money,", i.e. tens of billions in net profits annually for the cartels. The culprit for that is the robustness of the US drugs market. The culprit for that robustness is unless you're in the 99% percentile in annual income in the US, despite the US economy growing 2-3% each year, you are actually seeing negative growth in wages over time. That results in despair, especially in the bottom socio-economic quartile so these people often turn to drugs. Mexican manufacturing won't put a dent on those existing trends.
@@bojackkatarn sounds like a good reason for reform on this issue in the US. It's long overdue as well.
Not really, I’m from Mexico and we know that we have both worlds the legal way and the world of drugs and it’s completely independent, it’s a bigger problem for both countries, If the US don’t reduce the consumption, the weapons and the money will remain flowing from the north to the south, and we are going to continue with a lot of problems
Cartels make way too much money, and that money makes it's way into corrupt authorities pockets to make sure the drugs keep flowing. Not a problem that's exclusive to Mexico.
It's a problem we simply do not want to solve. Why? Read above.
President Nayib Bukele solved it. Took him just 3 years, but El Salvador is a small nation. 93% reduction in violent crime within a single therm. Because he wanted to. So it is possible.
@@daggers101 "Americans just have a higher-than-average discretionary income so more money is free to be spent on drugs compared to other nations."
Tell that to Japan, Korea and Singapore. Also, most of the people (lower class) living in the US is barely scraping by from paycheck to paycheck unless they're working on multiple jobs.
I'm from Oaxaca, and i don't entirely know how much this is going to benefit my hometown or even homestate because it's very rural and closed off but I've always wanted México to thrive which this will hopefully help achieve.
Normalmente el sur ha sido así, menos urbano por así decirlo, y pienso que es una zona qué se podría desarrollar de buena manera.
@@vital4644_ a mi me trajeron para los angeles, pero cuándo por fin tenga papeles planeo visitar a mi ciudad por la primera vece desde que tenia cuatro años.
@J0rGeSin ojalá si la industrialización del norte le ayude al sur.
In the southern part of Oaxaca (Tehuantepec) are massive industrial improvements so maybe you will benefit from it quite a bit
You have the most important part... CULTURA (culture) its what make people different, we must embrace our roots because a lot of foreigners are searching for it!
a coworker of mine recently went to mexico as an outside contractor from europe to set up a machine for a production line in a factory, he told me in one of the better paying factories a worker works 5 days a week for 12 hrs and a 6th day for 10 hrs for around 16.000€-18.000€ a year. and some of them can't afford the food in the cafeteria where they work. Also it is around 40°C-50°C in the factory where they work (outside is 30°C).
Wow, what an excellent and well researched report on the industrial advancement of Mexico. Thank You. You have inspired me to make a spanish language video for my Mexican audience on what the future might bring for our great nation.
I'm an employee in retail & Iv'e definitely noticed more "Made in Mexico" labels & it makes me proud.
As a mexican, You will see more different products made in Mexico, and arrival times be less instead waiting 3 weeks for your items to arrive, just hope a code can be there for both countries.
@@elchido3517 🇺🇸🇲🇽😎
Normally doesnt say make in Mexico. The factorys put an eagle logo on the products !!!
YESSSS. a Mexico themed episode
the freakonomics episode with Jim Cramer talking about Mexico is great if you're looking for more
Ikr ❤
Mexico is the subject but the music and fonts are not Mexican. Not Mexican themed
That isn't about drugs or cartels 😂
@@dosmastrify I bet you feel good about yourself now, don’t you?
Nice video, love the depth and subject. I've always liked these types of things thru out my life but never really delved deeper in it until I saw this series!
Al chile que estos comentarios me hacen creer en la humanidad de nuevo, thank you all for your support and kind words towards México and its citizens, truly :)
I saw a video recently to a podcast saying "How made in China is becoming Made in Mexico", but I didn't really think about it until you made this video. Thanks for informing us about this!
"Rise of Mexican manufacturing". A simple look at Mexico's gdp growth shows it's flat since the 2008 US banking crisis, so there's been any rise the Mexicans sure aren't benefiting. Numbers matter more than story narratives. Wendover is of course just parroting the latest US state dept PR line about "friendshoring", like a good little neoliberal empire loyalist.
why do I see people copy pasting this post?
@@Alex-jb8wr It's US gov bots boosting videos that amplify their PR narratives. America spends billions every year on this stuff. Nobody would be surprised if Wendover were "sponsored" by some neolib "NGO".
@@Alex-jb8wr bots and shills everywhere. This is nothing more then China rebranding itself by pupating Mexican buisness. Can’t have a negative brand affiliation if your customers don’t think it all comes from the same “investors”. It will be a nice Cuba-like outpost for China to launch their shenanigans.
Except, it's still "Made by Chinese" lmao....this video is just shilling for the Chinese Communist Party by saying how great it is that China is putting businesses in Mexico...yeah, China doesn't care about Mexico, it's just exploiting it AND gets to better spy on the US at the same time
As someone who lives in Nuevo León, the place I call "home" since I was born...
Sam... *From the deeps of my heart, **_thank you for making this video._*
Lol one of those sex bots that spoofs comments copied yours and it's directly above this in my feed
@@westvirginiaglutenfreepepp7006no si es de verdad mira su perfil
love to Nuevo Leon, Mexico, from Russia, i truly hope we can do more business in the end, maybe take it as a little jab to the americans, show that we can work with anybody despite circumstances
Except the way he says the name like it’s French
@@westvirginiaglutenfreepepp7006 LMAO xD
I'm here and bunped into this video, I am open minded and always happy to learn on the daily if anyone wants to talk about what they know I'm open ears I would love to keep learning 🙌🏼
As a Salvadorian I wish nothing but growth and prosperity for Mexico they have a lot of history and culture HECHO EN MEXICO!! Hell yea!! Raza
As an American, I would really prefer that China grow more economically than Mexico. After watching this video, I realized that it’s extremely bad news for us Americans. Chinese goods and products are better value for money than many other countries goods. China and Mexico get along and are literally strong allies together, so I hope we keep it that way for the foreseeable future.
Well Chinese manufacturers get preferential treatment in their financial system. If enough countries try to replicate the model China utilizes(TTDM, industrial espionage, preferential treatment for domestic companies in local judicial system in the event of a dispute against foreign company, massive subsidization of land, labor and Capital costs especially in the coastal provinces who were the first movers in attracting foreign Capital with their SEZ's located in close proximity to ports ). Then what makes China the preferred location for foreign manufacturin investment will change over the course of roughly a decade. One advantage other countries dont have is an authoritarian system that can marshall the resources of the state towards any scientific, technological, political and/or economic goals without obstructionist activist morons asphixiating every opportunity available, India being the quintessential example but by far not the only one. Lack of Democracy and Lack of meaningful diversity lies at the heart of China's advantages. When they make mistakes it they are catastrophic(Great leap forward, cultural revolution) When they get it right by god do they get it right.(Opening up under DXP, Tank man's revolt, SEZ policies, HSR expansions, Their multi layered industrial policy encompassing tariffs, infrastructure spending, conducive monetary & fiscal policies and technology development funds + independant labor union/activism suppression ).
Yes but Mexico is an American ally and plus American companies are moving production elsewhere
Well the world doesn't revolve around you, does it?
Sounds like Cuba to me. Get ready for Cuban crisis too Chinese balloon boogaloo. A convenient outpost close to their “investors” adversary. What no this isn’t made in a China with a Chinese sweat shop and espionage and state sabotage first and foremost. You see this is a “Mexican” China town sweatshop with predominately Chinese imported workers founded and profited to Chinese investors. Want a alternative to Chinese sweatshop labor? Try cartel Mafia “invested” buisness 😂 of course buisness don’t care about National security or domestic employment figures; they just want cheap. Right now Ethically Dubois is cheap.
What are you even talking about 😂
Im visiting Monterrey right now for work and seeing this first hand. From my admittedly limited but direct experience, this video is spot on. Its too bad the investments weren't made decades earlier, but the past cant be changed. Im super excited for the future of Mexico, and as stated in the video, it is long overdue.
Totally disagree with your perspective. Mexico, as a state, has become WORSE, not better. One of the most corrupt governments on Earth with the drug cartels influencing every facet of Mexican society, even if you don't realize it.
what thow of work are you getting into .? and also do you have any type of degree or study ?
@@garciabeto760 industrial engineering degree, went into sales, visiting the plants to see the processes (which ironically is more what my degree was about) with the customer's reps, basically just showing it off to them. Not something I get to do often, sadly
They got scared by Ross Perot, remember him? "Sucking sound of the south?". That and racism got the better of the issue. People didn't want for American factories to go to Mexico, they never knew that all of them were going directly to China. Good time to rectify.
isn't returned manufacturing jobs to the usa long overdue
When you mention "the tallest skyscraper in Latin America" at 14:41 you show a different building, Pabellón M is not that building, it's the one at the left, far behind, the one with an inclined top, that's the one. Amazing video btw, it's so good to see how the world see's this country and particularly this state and city.
My family comes from México, especially the places you talked about. Really hoping for México's prosperity. I also wish them the best 🇲🇽💕
It doesn't end with Mexico. Mexico is just the start. As Mexico's overall economy improves, some of the low cost manufacturing that feeds higher manufacturing will then move further south into Central or South American countries such as Columbia. As Mexican ports grow from all the production happening there, it will become much easier for industry in Mexico to then outsource as needed from countries to their South. Relations with countries in Central and South America can slowly improve as opportunities there increase. There is so much potential, not just with Mexico but even beyond that through The Americas.
The central and south america as manufacturing and resource extraction
The north for scietific development and high precision manufacture
I doubt it, you could say the same thing about the US and we haven't seen that play out, nice thought though, my parents are Bolivian and I'd love to see that happen but I just don't see it.
That would all take a very long time, but by then Asia will like be the largest consumer market by a wide margin and Africa will be developing into a manufacturing bloc.
@@sebastianramirez5781that's the spirt.
That doesn't make sense, there are countries in South America that don't even have trade agreements with the United States. Mexico isn't even commercially relevant in the region.
I can say anecdotally- my vehicle that was assembled in Mexico has tighter panel gaps, smoother paint, and generally just feels a little better put together than the vehicles I sell, from a sister luxury brand, whose vehicles are assembled 100% in the United States. It is impressive. And personally, I would prefer Mexican products to Chinese every day based solely on the points made in this video.
That is because is one of the best capable labor in the car insustry.
México just has a lot of experience in the car manufacturing sector. It makes sense that the products have good quality.
@@jesusemmanuelcordero4509 I mean so does the US lol
@@uku4171 Yes. The problem there is with the US. All that experience and people saying Mexico delivers a better product? Don't know chief.
@@jesusemmanuelcordero4509yeah exactly
Good for them ! Hard workers that deserve prosperity! Looking forward to purchasing a Mexican made fender Stratocaster this year!
Great channel and information. Thank you!❤
Glad to see a Mexico themed episode
An economically prosperous Mexico would benefit me as a member the theme park enthusiast community and I find Mexico to be a underrated market for them. Especially considering how many people in Mexico visit theme parks in America it has become a cliché. With me saying there can be a lot more American chains in the country opening if the economy takes off and I would win the argument. If Disney can have two parks in China, why can't Disney have a park in Mexico City for the Spanish speaking world?
Of course there is a lot of benefits of having another economically well-off neighbor that would benefit the American economy. This is just an esoteric one for me.
having just one six flags is a shame, we need more!
I think overall it's probably fine anyway in the long run given how important Spanish is becoming to the USA anyway so by the time that investment is even completed you may have the US just naturally having Spanish speaking theme parks. They already make announcements in Spanish after an English one so overall I think it services it well enough.
There was a Park in Baja California known as Foxploration. If that Park had not closed off, it could have become the first Disney Park in México after Fox's purchase
Because Los Angeles and Orlando is 1 flight away from many mexican cities. Lots of Low Cost Airlines connect these 2 cities with many mexican cities.
China is very far away from the US. Ticket prices are way too expensive for most Chinese to fly to LA or Orlando to go to Disney theme parks.
It would makes more sense for Disney to lobby airlines to fly to more Mexican cities and lower their prices rather than building theme parks in Mexico.
@@nntflow7058 But no many mexicans can obtein a USA visa, therefore, a Disney Park in Mexico would be a pretty success because there's a big market, even considering Latinoamerica as a whole.
As a Chinese, I also hope that Mexico will get better and better. Mexico’s huge population and land area deserve better development. The world is not divided, Although both China and Mexico have various problems of their own, we can have a better life together.
Nice and informative video’ I’m always learning from this channel
2 Canadians 🇨🇦 blessed to be living in Mexico 🇲🇽✌️🥰
As a Chinese, I welcome Mexican manufacturing. 🇲🇽🇨🇳
I imagine a future when we all can create amazing things together without the intervention of corrupt corporations and gorvernments (especially U.S. ones) that are afraid of competition and progress in other countries. ¡Un gran saludo desde México!
谢谢你、我是墨西哥人、我从去年二月到现在都在学中文、我爱中国菜和中国人。
Yii is not Chinese name.
México and China can work together.
@@ludvigsilva1 您好，我们是中国人，其实中国发展到今天最重要的因素就是中国的稳定的政治（一党执政），长期稳定的经济政策，不受美国控制的经济和政治主权，是中国发展到今天的根本原因。
En México no tenemos problema en manufacturar productos ya que no hemos sacado todo nuestro potencial. Aun no le hemos dado uso a nuestro corredor Interoceánico del Itsmo de Tehuantepec para trazar rutas de la seda por todo el mundo y en esa zona podemos conectar poblados, zonas turisticas y naves industriales para la fabricación para salidas de ambos oceanos el Atlántico y el Pacífico.
El problema es que los inversionistas pagan poco.
I'd love to see Mexico kick ass in the manufacturing business! ❤
As someone that works in manufacturing, I can say the tariffs don't 'help' the US bring jobs back but they did help us start looking at other options than China. It's a long process though. Our company itself was assembly products that were getting 25% tariffs in China yet we saw little increase in sales though for the parts we used, we did begin to buy more from Vietnam and India. Overall, China was just slowly losing out to Vietnam, India and especially Mexico. I had a another job a company making similar products and they eventually ditched their small China factory and built one in Mexico.
These things take years though. Even for an OEM to just to replace an existing supplier in China with one from another country, you need to order samples (can take weeks or months for delivery), test it (can take many months or even over a year), possibly re-sample many times until you get it right, then you need your customer to then test your product that has the new component and that could take months. Overall, a switch to a new supplier generally took us between 10-24 months to just get the new component approved depending no how important the part is to the function of the product. Usually the first order will have some 8-16 week delivery lead time so now you're looking at 12-28 months between placing first sample to getting first production delivery.
Agreed. In my industry of complex major mfg it takes about 2 years to get setup but I never ever foresee the work leaving once it’s in Mexico. It’s American jobs moving too :( for lower cost of labor and land.
china is switching out of the manufacturing focus, its delusional to think that china is just going to stay the same as it was in the 80s.
just like how the united states was a massive manufacturing country in the 1930s till 50s,
china is now becoming a service and high tech industry, their software and services already make up 30% of their gdp and increasing.
@@NeostormXLMAX Need to have stronger IP laws if they're going to do that.
@@brodriguez11000 the IP laws are only a problem for foreigners. Domestic Chinese tech firms will be protected (this is my understanding)
@@NeostormXLMAX "china is switching out of the manufacturing focus," And struggling to do so! China is now expected to have an annual GDP growth of around 3% for the next 20 years. When Taiwan, South Korea and Japan were at the same GDP per capita that China is today, they had approximately 7% GDP growth for the next 20-30 years! That's a massive failure when compared to it's east Asian counterparts.
>just like how the united states was a massive manufacturing country in the 1930s till 50s,
Except the US was already upper income country at that point. China is not close to even it's East Asian counterparts who have 4x higher GDP per capita.
The supply chain isn’t just one directional, a lot of products move across the border several times going to highly skilled American manufacturing, and then back to Mexico for less advanced steps, and so on. This is REALLY helpful for not only production costs, but for American Manufacturing which before had to just be at the end of the production line or supplying advanced parts. This makes the US industry way more resilient and healthy.
I think this is an interesting quirk that isn't well touched on. American manufacturing half died because it was too expensive to come in anywhere but the back of the line when the low cost was centralized in China. If it's centralized across a land border it'll make a lot more sense overall to have it in a variety of steps than simply the final step.
And throw in that many commodities could be sourced from South America and sent to Mexico, whereas before you'd have to send them on literally the opposite end of the world and then send them back across the pacific to the USA. I think people underestimate the true potential of South/Latin America, and this trend will only make it easier for us to realise and partake in that potential.
It's odd because Mexico produces many engineers. They have a solid university system. I work by the border, next to Tijuana and my employer has many Mexicans on work visas working as electrical, mechanical and aerospace engineers.
@@RK-bx1by China doesn't underestimate the potential of Latin America - they're literally their leading trade partner, and that is still growing. Meanwhile Latin American nations don't exactly love the US. Caspian Report made a video on this a while ago.
@@ArawnOfAnnwn Great point. China has also done quite well in Africa, so much so that Chinese companies have cornered the production of cobalt in the DRC, where the vast majority of the stuff comes from.
Great video, thank you! Super informative.
Put these people in charge of rebuilding our infrastructure, and be prepared to be wowed. They are the hardest working people, I have ever seen. Most of Universal Studios, Disney, and Florida is built by them.
They are no different than anyone else. Love family, food, fun.
I bought my 2016 Toyota brand new and it was assembled in Mexico. Today my Toyota is 7 years old and not a rattle or any problems with it to this day.
Keep up the great work Mexico.
It's not just Northern Mexico. Several places through the entire country are developing this trend as well.
For example, Guanajuato, in Central Mexico, has become Mexico's Motorland, with lots of big names opening shop here: GM, Ford, Toyota, Honda, Mazda, Volkswagen, Pirelli...
Expand that to the Bajío region, and you can add Nissan too, plus train and aerospace companies like Bombardier.
However, as it's said, many of these investments have been pursued by state govs, instead of the current federal gov. Hopefully in 2024 we can bring a leadership with a good plan for this economic opportunity.
Puebla in central Mexico has a MASSIVE Volkswagen plant that supplies the us for example. You're right, it's not only the north, central Mexico is actually where most of our GDP is produced, in the Mexico City - Puebla - State of Mexico - Hidalgo zone.
The state governments have really been capitalizing. I see that as good.
@@jesusemmanuelcordero4509 Sure...
Until you see that, without a plan in the federal level, a lot of opportunities have been missed.
@@angelrobles7201 I just take comfort that since the state acted, at the very least *not all opportunities* were missed. Which is saying a lot about the government
@@jesusemmanuelcordero4509 That's true!
Aguascalientes (Calvillo) - Mexico! Saludos! 🇲🇽
🎉I’m here for this! We need a major manufacturing hub on this side of the world. It’s good for the whole American continent.
The way the ports were compared is not realistic. The port of LA and Long Beach port are so close to each other that logistically it can be considered one big port. Still US only has two big ports in the south west and nothing along the coast until Seattle. So if one of them closes (like it happened already with LA) ships have no port to divert due to traffic. So size doesn't help you that much. Meanwhile the Mexican coast is filled with medium ports, when one of them gets closed ships get easily diverted. So the infrastructure its there, unload times are quicker than US ports, having all your eggs in one basket won't help.
Central/Northern California doesn't really have the geography or infrastructure.
No west to east rail hubs or major highways linking to the American market.
Oakland is a decent sized port but nothing on the scale of LA or Bellingham.
@@jimurrata6785 And Portland has used Salem to keep Coos Bay and Newport from developing for decades now. I hate it here so much sometimes...
You underestimate both the size and number of American ports. Get your facts straight. There is a HUGE amount of cargo from both Europe and Asia coming through American ports on the EAST coast. I know because I watch it first-hand.
@@davestang5454 Size doesn't matter if the ports are closed and traffic is idle. After 10 days of waiting it's more profitable to throw cargo and cash the insurance, than keep the ship waiting. So more ports help solve this, specially when the Chinese own 90% of the East Coast terminals and they are closing them on purpose to affect the US.
I hope my motherland keeps improving. Mexico such a beautiful place. It's a shame we have lots of corrupt and evil people making us look bad. I hope we overcome our poverty crisis and all our other struggles to make Mexico great
I agree, as well as in Texas with it's shared history 🌵
Gradually corruption is going down. Not enough but at least from the government side no corruption is allowed and most of the private companies that never paid taxes now they do it and this action reflects on benefits to the poorest people: Still needs improvement but corruptions is gradually reducing.
@@hugop.q.3152the problem with mexico is it still has western colonization issues which still ground it plus u.s inability to take control of cartel bankroll
I am from Mexico, this video is very accurate. Something rare these days. Great job
Amazing video! Very informative, thank you :)
I'd read the comments and I appreciated all your love for Mexico. We've been through a lot and I have no hard feeling for you all. We can all grow together only figthing and competing during sports.
As an American, I want to see Mexico's economy flourish. It will bring down migration, crime and create better relations. Mexico's government has always been non-interventionist in other country's domestic affairs.... the same cannot be said for China.
Edit: No, I don't support the US getting involved in other countries domestic affairs either, it takes away from the main point. Also, I'd like to add Central America into that category too of areas I want to see take off economically too. Why would we want politically/economically unstable neighbors? It has not done us any favors at this point with the migrant crisis, gang violence, poverty, human trafficking etc. I go back and forth between Los Angeles and El Paso, so I see many of these elements everyday. Culturally, historically, politically, socially, geographically we have more in common with Mexico and Central America than China. That also doesn't mean I want to see China "fail", I'm not sadistic to say I want to see 1B people fall into poverty because I don't like their government... the Chinese government has improved their economy drastically the last 50 years, but some of the heavy handed methods and bullying doesn't sit well with me. I'd rather find friendlier businesses partners closer to home than a government that isn't friendly with us.
And the same definitely cannot be said about US. Only recently Mexican president complained that US is funding mexican opposition.
So, fu** US.
Yeah, really everyone in the US, and in Europe, should welcome mexico as the new home of cheaper manufacturing.
IF they're not going to move manufacturing home, then mexico is the second best option.
I agree with most of what you said but your last sentence make chuckle a little, “…the same cannot be said for China.” And you think USA does not intervene in foreign domestic affair? I am not saying you are false.
If you are an American, you benefit massively by keeping Mexico poor. The less that can be charged for its manufacturing, the better off you are.
As an American, I want a moderately rich Mexico with no cartels and avocado-picking tentacle machines.
This is a good Chanel. Very informative 👏.
well many of this tendency is because the automatization, even when mexico can not compete with the labour chinese, the automatization is shorting the difference, but the materials for this machines will be everyday more difficult to obtain and more expensive.
As someone who is not a bot and also from Monterrey Mexico, it feels surreal to hear you talk about my home
Yes they are. Look at the comment "X1 Gen KaneshiroX". It's the top comment and it's basically "As an American, I prefer China grow more economically can Mexico". It had 4.4k likes. Then seconds later, 4k. Then 3.3k, then 3.0k then 2.9k seconds ago when I checked. Bought some likes and YT caught on.
Monterrey sucks now
Love to see it! 🇲🇽 Mexico could benefit big time!
Check out the end of "the world is just the beginning" by Peter zeihan he's a geopolitical expert and predicts as globalization fails America Mexico and Canada will thrive by being more interconnected basically nobody has it as good as these 3 countries the next century
As an American, I can see this as a great thing! Never made much sense to me to be buying from a nation an entire ocean away when there are much closer nations to work with, like Mexico.
@BigFatStupidFish it made sense because the labor was so so cheap and Mexico had yet to fully develop its industry and infrastructure to capitalize on our market but Chinese have been losing industry much like we did here in the rust belt to China but it's losing it to veitnam and Mexico
Nothing but love for Mexico!
Extremely helpful, thanks!
I grew up not far from the US / Mexico border and the potential synergies are massive in nearshoring in Mexico and I hope the trend continues and more concrete goals are put in place to facilitate it. No reason Mexico cannot join the high income developed ranks. It would be a benefit for all of North America.
how about returning manufacturing jobs to the usa
@@javiervega1065Javier stfu why would they pay high wages and insurance when they can cut cost it's business
The thing is, “benefiting all of North America” often means benefiting the US and Canada. We’re fine not doing that.
As an imperial periphery country, there’s really not much we can do to get fair treatment from the imperial core. If we’re smart enough this little guppy will find other guppies to make itself and its peers stronger instead of swimming with sharks just to get eaten.
@@javiervega1065-- why don't you get an EDUCATION FIRST, then you can't answer your own question‼️ can't believe you don't know, why when it's, basic economics 🤦🤦🤦🤦
I never knew how interesting logistics was to me until I started watching your channel. This is another great one!
Props to this video man.
You should make one regarding the Tehuantepec’ isthmus corridor. One of President Obrador’ most ambitious projects that’s going to spark economy in the south :)
Yesterday was Mexico’s Independence Day. Viva Mexico! 🇲🇽
Great video Sam! I'm in Arizona and we hope for the best for Mexico. Excellent for manufacturing to become more centralized in North America and good for the Mexican people. We just need to get the cartels under control.
We?? No, we do not want you gringos to invade our country, as so3as the camo into our country they will not leavi Mèxico and will try to take control of our resources (lithium...)
But You know that the Main problem of drugs is the demand, no matter how cartels and capos in latin america we kill, if the demand keep existing in 10 days after the kill if Pablo Escobar or Amy else, we have a new one 🤗🤗🤗. Is necesary to treat to the adicts as what they are: suck people and broke the market.
We need to get the us cartels under control cia dea fbi 😂
@@saucytony4609 you must know that DEA is the mayor cartel
Doing home renovations I will say, I'm always happy to see "Made in Mexico" when it comes to things like a square D breaker. I have quite a bit of confidence in Mexican manufacturing. Perfect it over Chinese.
quite the ignorant take, could just admit you're prejudice. No surprise after all since you're indian
@@episode6691 你在北京工作吗
@@Homer-OJ-Simpson lol is this ur take cus you couldn't get back at my comment on all of east asia being a dying region. Just because I don't hold a prejudice against chinese manufacturing and doesn't mean I like it. There's literally zero reason to glaze mexicans so hard but people still do it.
More manufacturing in Mexico is a no-brainer, win-win situation for both countries. 👍
I'm a civil engineer from Monterrey, Nuevo Leon. Back in 2018, I had the blessing of working for a construction firm that is still working there in Hofusan Industrial Park, and, oh boy! That place will be like a whole small city.
Esta será la década mexicana.
¡Viva México! 🇲🇽🇲🇽🇲🇽
lo dudo
Nah.
Mientras sigan teniendo a un literal comunista como presidente, lo dudo.
EU nos quiere pobre
El presidente no le sabe
Great video Sam! I recently moved to Monterrey precisely because of a job opportunity in the automotive sector and I cannot be happier that you covered a topic about this state, other states and companies I worked for!
You forgot to mention the ismo de tehuantepec from cuatzacualcos port to puerto salinas. The comercial route . It will replace the Panama Canal
Man, this was an awesome video to watch, I'm from Monterrey and have been a fan for a long time, and it's really weird actually seeing my city in a video, I went to a quinceañera at Pabellon M and idk this video brought me a lot of joy, plus my mom actually does network infrastructure for a lot of factories and stuff and she's been talking about this for a long time, and it's great to actually see a youtuber I like talk about that idk just great video man.
Would love to have a Spanish dubbing of your videos! This video would do insanely well if the average Mexican could watch.
Wouldn't Spanish subtitles suffice just fine, or would you say there are enough illiterate Mexicans able to watch youtube? I don't know, but maybe start with subtitles. Better something than nothing for Spanish-only people, I guess, right?
@@thany3 It's good but not nearly as effective
@@thany3 brings in more of a bigger audience like Mr Beast and Smosh. I never watch the video bc it’s just stock pictures most of the time and rely heavily on audio.
@@thany3as a Mexican can confirm people will rather listen to the audio in Spanish
@@thany3people are usually only okay with subtitles if it's for entertainment
Wow... great analysis. I've been thinking about this for the last year. Thank you for covering this topic and opportunity.
Monterrey Universities have joint programs with MIT Nanotechnology. My cousins son is a Mechatronics Engineer in Monterrey for German automakers using Japanese Robotics/programing, no need to migrate with Genius H1 visa as my other cousins’ engineer kids.
Nuevo Leon/Monterrey Industrial oligarchy doesn’t see eye to eye w/current President and disagree at many levels.
Shamefully there isn’t a Federal/State plan in sight to fix this for the benefit of all!
The outsourcing, period.