MXPE Weekly Essentials. Only the most important news in Mexican politics, policy, and markets from the past week.
Last week’s highlights:
Not-quite-shoring—The talk used to be all about nearshoring, the promise of manufacturing from China reshoring onto North American shores. Now it is a free for all in the broad restructuring of the global economy.
In this context, Mexico continues to boggle the mind of international investors. Gautam Bhandari, Managing Partner of I Squared Capital—a global infrastructure investment firm—told The Mexico Political Economist he’d never seen a country with such a misalignment in positive marco-economic and geo-political factors whilst having such poor performance.
Last week showcased the mixed bag of these very promises and problems facing the Mexican economy:
