‘Mexico is Important Partner for China’

President Hu Jintao of China, currently on a three-day visit to Mexico which began on Sunday, has said that Mexico is an important partner for China in Latin America. The partnership is, however, seen by many to be mainly in China’s favour with Mexico running a $13.5 billion trade deficit with its partner last year. Both countries export similar products and compete strongly in the textiles, electrical and electronic sectors, particularly with regard to market share of the US.