President Peña Nieto and President Xi will meet to discuss trade between Mexico and China, among other matters, as part of a broader BRICS-oriented summit. Mexico’s exports to China have accelerated, rising 26% in the past quarter on a year earlier after growing by just 1% in the prior three years annually. While Mexico runs a significant trade deficit – around $22 billion in the past year – it does not have a deficit-centric trade policy and will be looking to increase exports. Current leading export lines from Mexico include semiconductors (26% of total exports in the past year), metal...