Mexico: China's Backdoor Play? Jorge Guajardo, Partner, Dentons Global Advisors & Former Mexican Ambassador to China

Who supplies the most cars to the Mexican market? If you guessed China, you are not wrong. China is flooding the market with low cost gasoline-powered and electric vehicles. Leading brands include SAIC-MG, Great Wall and Chery. But there's more. One of every two vehicles GM sells in Mexico is built in China. Meanwhile, Chinese suppliers are pouring into supporting Tesla's Giga 6 factory in Monterrey. What do Mexico's leaders make of this mass Chinese arrival? Will the Chinese automakers use Mexico as a base camp for invading the US market? With me today is Jorge Guajardo, former Mexican ambassador to China. He was there for six full years. I I really appreciate Jorge's knowledge of how Chinese people think and his candor. He of course also knows the top people - Jorge met with BYD founder Wang Chuanfu more than ten years ago. What did he see and hear from Wang that made the biggest impression?