In Depth: China-Latin America Ties Deepen Amid Boom in Cross-Border Auto Trade, E-Commerce

Twenty-five kilometers north of Monterrey, Mexico, is a cluster of Chinese-owned factories producing everything from auto parts and mechanical equipment to electronics and furniture.

The site, Hofusan Industrial Park, has seen some 30 Chinese firms set up shop in the past four years. But Hofusan is only one part of a much bigger picture, as more and more Chinese companies searching for new markets turn their attention to Latin America.