Mexico Export Promotion Body Sees China as Preferred Trade, Investment Partner

Xinhua
May 25, 2010

Mexico's export promotion body ProMexico has listed China as one of the eight most desirable nations for trade and investment, ProMexico's president Bruno Ferrari said Tuesday.

"China is one of the eight priority nations for Mexico," Ferrari said during a conference on Mexico's economy organized by ProMexico.

Ferrari said that Bardahl, the Mexican auto lubricants and accessories firm, had joined the nation's biggest breadmaker Bimbo and medium-sized restaurant chain Fogoncito in investing in and profiting from ventures in China.

Meanwhile, Ferrari said he was proud that Chinese copper tube manufacturer Golden Dragon had set up businesses in the state of Coahuila in northern Mexico, and that its investment there had topped 140 million U.S. dollars.

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