Chinese premier pledges fair trading in Mexico
Sunday, December 14, 2003
MEXICO CITY -- Chinese Premier Wen Jiabao sought to assure Mexican leaders that their country's economy is not threatened by China's lower wages and cheaper goods, saying the two nations are partners, not rivals. On a two-day trip that ended Saturday, Wen went before Mexico's Senate to say the countries "are not in any way rivals or competitors." Almost every Mexican industry, from traditional handicrafts to assembly-for-export plants, has complained about an influx of low-priced Chinese goods and jobs lost to lower wages in China.
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