The Toyota automobile company has two important partners in the Chinese market: China FAW Group Corporation and Guangzhou Automobile Group Co. While the joint venture with China FAW Group makes models like the Corolla, Vios and RAV4, the joint venture with Guangzhou Automobile Group makes models like the
Mexico attracted 75 million dollars of Foreign Direct Investment (FDI) in the aeronautical industry in the first quarter of 2022, in an environment in which these flows have remained stagnant in the last decade. From 2012 to 2021, the capture of FDI in the Mexican aeronautical industry averaged
Between January and March 2022, countries used some 450 trade policy measures, according to data from the United Nations Conference on Trade and Development (UNCTAD). Some of these measures consisted of tariff exemptions or reductions aimed at reducing domestic prices of essential products, but most of these policy
While the job situation has started to improve, the recovery remains volatile and global working hours were still 3.8% below pre-pandemic levels in the first quarter of 2022, according to data from the International Labor Organization (ILO). The United Nations (UN) has concluded that the effects of the
Exports and imports from Mexico maintained their dynamism in May, with growth of 22.4 and 22.1%, respectively, reported the Inegi. With this, while exports amounted to 50,005.1 million dollars, imports were 52,220.5 million dollars and the trade balance deficit totaled 2,215.3 million dollars. The global economic slowdown and
China‘s auto industry faces great challenges, including the shift in demand from conventional vehicles to new energy vehicles, Geely noted. Generally speaking, this Chinese company argued that intensified competition in China, rising commodity prices, other pandemic-related disruptions, and global chip supply shortages have shown no signs of abating