01 November 2024

BBVA launches China Desk to facilitate the expansion of Chinese companies into Mexico, the new strategic hub in Latin America

 

BBVA has announced the launch of its China Desk in Mexico, a specialized service designed to support Chinese companies in their expansion into Mexico, a country that is emerging as one of the leading investment hubs in Latin America, especially in the context of nearshoring. This trend presents an unprecedented opportunity for Asian companies seeking to diversify their operations and move closer to key markets while optimizing their supply chains.

 

With over 40 years of experience in China and deep knowledge of the Mexican market, BBVA offers Chinese companies a comprehensive suite of financial solutions that will allow them to operate efficiently and seamlessly in Mexico. The China Desk is staffed by a team of Chinese-origin bankers, led by Wendy Nian, who will work closely with multinational companies to meet all their financial needs, ranging from cash management and structured finance to advisory services in Mergers & Acquisitions (M&A) and Project Finance.

 
Wendy Nian, head of the China Desk, stated: “Our team offers a one-stop solution that combines BBVA México's leadership in local financial services with the bank’s global presence and expertise in China. This enables Chinese companies to establish and expand their operations in Mexico with full confidence, knowing they have a strategic partner that understands their needs."
 

Mexico has emerged as a key destination for foreign direct investment (FDI) thanks to its geographical location, its extensive network of trade agreements, and the rise of nearshoring, which is attracting companies from sectors such as manufacturing, technology, and other strategic industries. BBVA México, as the undisputed leader in the country’s banking sector, is positioned as the ideal partner for Chinese companies looking to capitalize on these opportunities.

 

BBVA's China Desk not only provides a bridge between China and Mexico but also facilitates entry into other key markets in Latin America by leveraging BBVA Group’s global network. Additionally, BBVA México is a leader in developing innovative and sustainable solutions that are aligned with the long-term growth objectives of Chinese companies.

 

With an unparalleled banking infrastructure that includes 1,695 branches and a robust digital platform serving over 23.7 million mobile users, BBVA offers Chinese companies world-class operational capabilities, enabling them to manage everything from day-to-day operations to large-scale projects.

 

With the launch of its China Desk, BBVA reinforces its commitment to driving economic growth and facilitating foreign investment, consolidating its position as the preferred partner for Asian multinationals seeking to establish and expand in Mexico and throughout Latin America.