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How Mexico is Taking Over China’s Manufacturing

Mexico is swiftly taking over China’s manufacturing dominance by leveraging its strategic advantages. With rising labor costs in China, Mexico offers a more cost-effective alternative, boasting lower wages and a skilled workforce. Its geographical proximity to the United States reduces shipping times and costs, enhancing supply chain efficiency.

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Mexico’s nearshoring boom brings more global companies to US neighbor

Mexico’s nearshoring boom is attracting a growing number of global companies to its borders, solidifying its position as a prime destination for international business. This trend is driven by Mexico’s strategic location next to the United States, which offers significant advantages in reducing transportation costs and delivery times.

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