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Mexico—the New China? « Getting at the truth

Escape from Paradise, – A Best Selling Book!

The book’s sensational reviews!

It took me two and a half evenings to complete your un-put-downable book…it is a unique contribution to the appreciation of a life in Singapore. Thank you for having written it.” C. V. Devan Nair, former President of Singapore.

Bought the book from Select this weekend and can’t put it down! It’s a great read! And so nostalgic for me—the good old days! Glen Goei, writer and director of the Miramax film That’s the Way I Like It and who played the title role opposite Anthony Hopkins in the London production of M. Butterfly. Mr. Goei’s latest film is The Blue Mansion – Click for the trailer!

It is a remarkable story and so full of intrigue that it reads at times like fiction.Jonathan Burnham, Editor in Chief & President, Talk Miramax Books.

“It’s quite a story The legendary Alice Mayhew, Vice-President & Editorial Director, Simon & Schuster.

This book out-Dallas, Dallas. No one has written so well of the other side of paradise,Francis T. Seow, former Solicitor General of Singapore

ThunderBall Films is successfully putting together the movie production of Escape from Paradise and has received a new LOI (Letter of Intent) from actress Bai Ling who starred with Richard Gere in the film Red Cross.

Buy the Book!

Escape from Paradise – the Promotional Trailer

Mary Bancroft – Master Spy

“I can’t understand what the f–k you are saying.” The voice came from an elderly lady in the back row of my computer class. It was from Mary Bancroft, a part owner of The Wall Street Journal. She is the author of Autobiography of a Spy and was the woman behind the plot to kill Hitler, the lover of CIA chief, Allen Dulles, the lady who invited me to dinner to meet Woody Allen and, yes, Mary Bancroft was my computer student.

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Copyright © 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020 John Harding

Mexico—the New China?

Mexico has captured 18% of North American auto production and that is expected to increase to 25% by 2020.

Mexico’s auto industry employment has soared 46% to about 580,000 jobs since 2009, according to the Brookings Institution. U.S. auto employment has gained a paltry 16% in the same period.

Other U.S. high-value industries such as aerospace and electronics will also face competition from Mexico’s, according to the Brookings Institution.

Mexico’s aerospace industry is on the rise exporting more than $5 billion in 2012, a 16% increase over 2011.

Of all industries, however, Mexico’s auto industry is the leader thanks with low wages, high productivity, great quality and Mexico’s proximity to the U.S. not only by road, but by rail.

Harley Shaiken, a UC Berkeley labor professor said, “The auto industry is critical, because it is among the most sophisticated of manufacturing technologies,” he said. “If you can build a Honda Fit, then almost all other manufacturing is vulnerable.”

Mexican autoworkers earn about $8 an hour compared with the U.S. average of $37. How can the U.S. auto worker compete?

Honda has decided to produce its subcompact cars in Mexico. Its Celaya factory will employ 3,200 when it reaches full production this year.

A new Nissan plant opened last year. Mazda is starting production of its Mazda3 compact car in Mexico this year. Volkswagen’s Audi luxury brand is building a $1.3-billion factory near Puebla, Mexico, near where VW assembly plants already build the Jetta, Golf and Beetle for the U.S. market. Finally, Mercedes-Benz is also considering locating a plant in Mexico.

Mexico’s bottom line is that its automobile production is projected to double to more than 3 million this year as compared to 2009, according to IHS Automotive.

As even more automobile factories are being built in Mexico, there are no new auto factories being built—or even planned in the U.S.

Is Mexico the new China? Looks like it.

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