China’s Expanding Footprint in Mexico

China’s presence in Mexico has grown dramatically over the past two decades. While Chinese investment across Latin America has been commodity-driven, in Mexico the story is different. Chinese firms are embedding themselves in manufacturing supply chains, wholesale trade, telecommunications, and real estate – with over 800 companies active in Mexico as of 2025. In this episode, Ryan C. Berg sits down with Heidi Jane Smith, professor of economics at La Universidad Iberoamericana in Mexico City. Together, they unpack Beijing's strategy for engagement with Mexico, and the data behind China's investments. They also explore how the U.S.-Mexico relationship has been impacted by the latter's dealings with China, and likely pathways forward.