US and China are buying into Mexico’s manufacturing moment

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Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. CNN — As US supply chains decouple from China, Mexico’s manufacturing sector is emerging as a winner. Manufacturing in Mexico is attractive for companies that experienced pandemic-era supply chain snarls or want to decrease reliance on trade between the US and China amid geopolitical uncertainty. That’s called nearshoring, which is when companies bring production facilities closer to home markets. As nearshoring continues and global supply chains are reorganized, Mexico’s manufacturing sector has an...