Treasury Official Highlights Serious Problem: China Overproduces And Floods Global Markets With Products

Treasury Official Highlights Serious Problem: China Overproduces And Floods Global Markets With Products

China makes too many things. It would be great if they made it for their home market, but they do not. Instead, they massively subsidize their manufacturing companies and overproduce for the world – their main market being the United States.

China’s Auto Sector Is Moving to Mexico; 29 New Manufacturing Plants Set Up Since March 2023

China’s Auto Sector Is Moving to Mexico; 29 New Manufacturing Plants Set Up Since June 2022

The United States-Mexico-Canada (USMCA) Free Trade Agreement is fast becoming a free trade agreement for the world, whereas any multinational with a presence in Mexico can set up shop and make the U.S. its number one target. China is doing that now.