Global Investing, Global Markets, Keith Fitz-Gerald

Is Mexico the "New" China?

[Editor's Note: Money Morning Chief Investment Strategist Keith Fitz-Gerald's new book - "Fiscal Hangover" - will be published on Monday.]

When it comes to global manufacturing, Mexico is quickly emerging as the "new" China.

According to corporate consultant AlixPartners, Mexico has leapfrogged China to be ranked as the cheapest country in the world for companies looking to manufacture products for the U.S. market. India is now No. 2, followed by China and then Brazil.

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