Mexico Lost to China on Trade, Report Says
Mexico lost 200,000 of the jobs created by maquiladoras, Mexican factories near the U.S. border, to low-cost Chinese competition during the last two years, according to a report by the International Labor Organization.
Jobs at the Mexican factories, which manufacture mostly for the U.S. market, dropped to 1.1 million as of May 2002 from a high of 1.3 million in 2000, said the ILO, the United Nations agency that monitors labor conditions and worker rights.
China had 30 million of the 37 million jobs created through free trade agreements and export processing zones as of 2002, according to the agency. The remaining 7 million jobs are in 115 other countries, the report said.
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