By Aliza Kempner
Mexico’s
export industry is learning to stay current. With competition growing from
other low-cost locations and the lower house of Mexico’s congress approving President
Enrique Peña Nieto’s proposal to eliminate a range of deductions and allowances
benefiting factories, the companies that use these factories are trying to get
involved in design and development.
Successfully staying in the game could allow the Mexican companies to hold
onto American investment in their products as the United States looks closer
to home in response to rising costs in China. The Economists examines
the context surrounding these departures from the tax policies of the
past fifty years.
0 comments:
Post a Comment