China open to trade pact with Mexico, Xinhua says

China is open to negotiating a free-trade agreement with Mexico, the official Xinhua news agency reported on Thursday, citing the Chinese ambassador to the country, a fillip for Mexico as it faces uncertainty over its trade deals with the United States.

Qiu Xiaoqi, China's ambassador to Mexico, said China was willing to discuss a free-trade agreement, although no discussions had been held so far, Xinhua said. Qiu was speaking at an academic event in Mexico City.

"If we negotiate a free-trade agreement, this will greatly favour trade exchanges between our two countries. There is no difficulty from China's side," he said.

Source: Reuters