The Democratic leader’s visit to the island inhabited by 24.5 million people, and which China considers part of its territory, was not a simple walk, but an action that opens a new episode in the old conflict between the United States and China. , and that can come to move political, economic and business strategies.
In the midst of the context, Mexico is a stone guest, but above all a player that wastes the industrial processes derived from this lawsuit. There is no dispute that Mexico is part of North America, which forces us to promote robust growth in the area, but we must also position ourselves in the face of new economic structures.
Let’s move on to the context:
The United States maintains itself as the great power, but its dominance is no longer what it was before. Some acid internationalists claim that its hegemony is broken, while China has planted a thought around its strong economic capacity and intends to become an empire in the 21st century and highlight the importance of its civilization.
Julio Millán, president of Consultores Internacionales and architect of the Chinese opening to Mexican capital, explains: “China has an aspirational socialist model; This led to the policy that was a planned economy becoming an economy of individual development, so that what is today the factory of the world could take place.”
Through a paper entitled “The rise of China vs. United States”, published in the Armas Magazine, the businessman complements: “Socialism with Chinese characteristics, which implies being a communist country, but incorporating private property, the desire for growth, the elaboration of enormous infrastructure projects, generates growth that will surpass the economy of the United States of America”.
For his part, Simón Levy, former president of the Board of Directors of Latinasia (an investment fund between China and Latin America), assures that we are facing the prelude to a war economy, focused on the technological struggle between the United States and China.
His approach is this: “We are experiencing a very delicate post-pandemic period and, in the midst of all this, an economic transformation is coming through the knowledge industry, specifically with the development of semiconductors and nanochips. The axis, the umbilical cord of this story is called Taiwan because it is the country with the greatest specialization in the development of microchips and semiconductors”.
So, Pelosi’s visit to Taiwan is considered a provocation because, for decades, China has insisted on its territorial integrity. “China is pragmatic, it negotiates what you want, but not on the issue of territorial sovereignty,” says Enrique Dussel Peters, coordinator of the Center for China-Mexico Studies at the UNAM Faculty of Economics. “Since 1949, China has insisted on the one-China policy, that is why this issue is frightening, because his position is irreducible”.
We better not get into this conflict. President Andrés Manuel López Obrador can say kisses not bullets, but no more than that since they are the two main commercial partners of Mexico. But we can, we must, take advantage of the opportunities that geopolitics offers us.