News & Announcements

Oct

16

South China Morning Post

Faculty Insights: Prof. Naubahar Sharif Discusses Chinese Investment Trends in Mexico

In a recent interview with the South China Morning Post, Prof. Naubahar Sharif, head of the Public Policy Division at the Hong Kong University of Science and Technology, provided valuable insights into the dynamics of Chinese foreign direct investment (FDI) in Mexico. His comments shed light on the complexities of investment flows and the implications of geopolitical tensions. Key Insights from Prof. Sharif Underreported Investment Figures: Prof. Sharif highlighted that the official statistics on Chinese investment in Mexico may significantly underestimate the actual figures. He noted, “Chinese investments may be ‘masked as investment from elsewhere,’ suggesting that companies from countries like Vietnam or Indonesia might channel Chinese capital into Mexico.” This complexity complicates the tracking of true investment origins. Methodological Differences: He pointed out that discrepancies in investment data arise from different calculation methods used by various entities. For instance, while Mexico's Secretariat of Economy reported a Chinese investment stock of US$1.2 billion, China's Ministry of Commerce estimated it at US$1.7 billion. Prof. Sharif remarked, “These differences could lead to significant questions regarding what constitutes Chinese capital.” Impact of Geopolitical Tensions: Prof. Sharif also discussed the broader implications of U.S.-China tensions on investment patterns. He noted, “As Chinese companies seek to circumvent U.S. tariffs, they are increasingly looking to Mexico as a strategic location for manufacturing and distribution.” This shift not only affects trade dynamics but also raises questions about the future of U.S.-Mexico relations, particularly in the context of the United States-Mexico-Canada Agreement (USMCA). Future Projections: Looking ahead, Prof. Sharif indicated that the trend of Chinese investment in Mexico is likely to continue, especially in sectors such as automotive manufacturing. He stated, “The automotive sector alone is projected to represent a significant portion of Chinese investments in the coming years.” Conclusion Prof. Sharif's insights underscore the complexities of global investment flows and the need for more accurate data to understand the true landscape of foreign direct investment. As geopolitical tensions evolve, the implications for investment strategies and economic partnerships will be critical for policymakers and researchers alike.   Acknowledgments In addition to Prof. Sharif, the interview featured insights from several other experts: Armand Meyer, Senior Research Analyst at the Rhodium Group, who discussed the methodology behind investment tracking. Evan Ellis, Research Professor of Latin American Studies at the U.S. Army War College’s Strategic Studies Institute, who provided context on the implications of investment trends for U.S.-Mexico relations. Jesus Seade, Mexican Ambassador to China, who offered perspectives on the diplomatic aspects of Chinese investment in Mexico. This interview was published by Ralph Jennings in the South China Morning Post. Click here

Sep

05

Condolences on the Passing of Raly Lofamia Tejada

It is with profound sadness that we learned of the untimely passing of Raly Lofamia Tejada, a distinguished alumnus of our Master of Public Management program and a cherished member of our academic community here at The Hong Kong University of Science and Technology.   Beyond his professional achievements, Raly was a person of great warmth and amiability, always ready to engage thoughtfully and assist others, whether in person or through social media. His commitment to service was evident in every interaction, leaving a lasting impression on all who had the privilege to know him.   As our student in one of the core classes of our Public Policy program, Raly demonstrated a keen intellect and a passion for public service, culminating in his recent completion of his Master's in Public Management as a HKUST Public Policy Fellow. His academic and professional journeys were sources of inspiration, showing a relentless pursuit of knowledge and excellence that motivated many of his peers and mentors.   We extend our deepest sympathies to Raly's family, friends, and colleagues during this difficult time. His loss is felt acutely not only by those who knew him personally but also by the broader community he served with such distinction.   Raly's memory and legacy will continue to inspire future generations of public servants and diplomats. As we mourn his passing, we also celebrate his remarkable life and the indelible marks he left on our community and the world.   With heartfelt condolences,   Division of Public Policy (PPOL) The Hong Kong University of Science and Technology (HKUST)