Biden Trade Pick Says China Must Deliver on Phase-One Pact
By Eric Martin and Jenny Leonard (Bloomberg) — President Joe Biden’s nominee for trade chief called on China to live up to the commitments in its trade pact with the U.S. — the...
Cars and containers are seen in the port of Lazaro Cardenas November 20, 2013. When the leaders of Mexico and China met last summer, there was much talk of the need to deepen trade between their nations. Down on Mexico’s Pacific coast, a drug gang was already making it a reality. The Knights Templar cartel, steadily diversifying into other businesses, became so successful at exporting iron ore to China that the Mexican Navy in November had to move in and take over the port in Lazaro Cardenas, a city that has become one of the gang’s main cash generators. Picture taken November 20, 2013. To match Feature MEXICO-DRUGS/PORT
REUTERS/Edgard Garrido (MEXICO – Tags: POLITICS CRIME LAW DRUGS SOCIETY BUSINESS MARITIME)
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