Comments on: Mexico the NEW China ? http://blog.finetik.com/2009/11/14/mexico-the-new-china/ Asia and Latin America News Network focusing on Financial Markets, Energy, Environment, Commodity and Risk, Trading and Data Management Sun, 15 Jan 2012 07:53:03 +0000 hourly 1 http://wordpress.com/ By: finetik http://blog.finetik.com/2009/11/14/mexico-the-new-china/#comment-270 Thu, 26 Nov 2009 15:19:46 +0000 http://blog.finetik.com/?p=3322#comment-270 Very interesting article, thanks for sharing it.
I just have a comment and that is that the article fails to mention some other reasons why Mexico is very attractive destination for companies engaged in manufacturing.

The accounting systems are the same or very similar that the FASB used in the States and therefore transparency is assured
Mexico allows the investors to repatriate the any revenue from operations if the company so wishes. China in the other hand does not!!
Mexico also has very good skill force and work ethic that allow us to compete bis-a-bis with anybody
Due to NAFTA goods produced in Mexico are free of tariffs and can reach the shelfs of the distributors in less than five days, thus reducing the inventory costs

Cheers mate

Rogelio
By ROGELIO NOCHEBUENA Successful and Accomplished Management Consultant and Contractor

]]> By: Mexico the NEW China ? « FiNETIK – Asia and Latin America – Market … | Headlines Today http://blog.finetik.com/2009/11/14/mexico-the-new-china/#comment-262 Sun, 15 Nov 2009 03:32:38 +0000 http://blog.finetik.com/?p=3322#comment-262 [...] from:  Mexico the NEW China ? « FiNETIK – Asia and Latin America – Market … Share and [...]

]]>