After trailing growth in Brazil during the past decade, Mexico is poised to outperform Latin America’s biggest economy for the second consecutive year in 2012. Manufacturers are opening new plants in Mexico as wages in China rise and higher oil prices increase transport costs for Asian companies looking to tap consumers in the U.S., the world’s largest economy.
via Mexico Says Gaining From Competitive U.S. Manufacturers – Bloomberg.Mexico Says Gaining From Competitive U.S. Manufacturers – Bloomberg
