The US-China trade war has hit the global market. Since the start of the trade war, the US has imposed tariffs on China in three waves, which has also brought out the benefits of transfer orders. Among them, Mexico has benefited the most. The proximity to the United States, tariff-free exports, and cheap labor are opportunities that companies have seen in Mexico in the past. But in the future, the US-Mexico-Canada trade treaty may weaken Mexico's cost advantage.
Africa is currently in a stage of explosive population growth. Currently, the entire African continent has a population of approximately 1 billion, and there will be 2 billion people by 2050. Compared with the fact that China’s surplus labor force is roughly exhausted, the African continent is a huge and attractive market for foreign investors.
