Market Commentary and Intraday News

Mexico ex-president urges US to expand partnership

252 days ago

(AP:PHOENIX) Former Mexican President Vicente Fox says the U.S. should expand its partnership with Mexico to promote business _ or face being left behind by China's emergence as the world's superpower.

Fox spoke Thursday morning at a news conference in Peoria, Ariz., saying China's economy is forecast to emerge as the world's largest in a decade or so.

The Arizona Republic reports ( http://bit.ly/SiqfdR ) he later gave a keynote speech at an event aimed at promoting trade relations between Arizona and Mexico. http://bit.ly/SiqfdR Fox led Mexico from 2000 to 2006. He says that with a new president set to take over in Mexico and the upcoming presidential election in the U.S., there's an opportunity for a "new path based on ... humanism, on compassion and on friendship" within the framework of shared western values.

___

Information from: The Arizona Republic, http://www.azcentral.com

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

View all of today's news »