Chart: China profited from USMCA with rapidly expanding direct investment in Mexico: Percent changes of Chinese direct investment in Mexico, Canada, and U.S., 2017–2023 | Economic Policy Institute

Figure 5

China profited from USMCA with rapidly expanding direct investment in Mexico: Percent changes of Chinese direct investment in Mexico, Canada, and U.S., 2017–2023

	Chinese data	IMF data
Mexico	288%	151%
Canada	-3%	51%
United States	24%	-10%

ChartData Download data

Source: EPI analysis of IMF(2025) and China National Statistics Bureau (various years). IMF data combine the outward direct investment positions from both Hong Kong and China.

This chart appears in:

Previous chart: « Medicaid cuts hit hardest in local economies that can bear them the least: Unemployment rates and the share of the 19–64-year-old population covered by Medicaid across U.S. counties, 2019–2023

Next chart: China industrial exports to Mexico surged with Trump tariffs and USMCA: Percent changes in Chinese industrial exports to Mexico by industry, 2017–2023 »