In late August, Enrique Peña Nieto, Mexico’s hard-driving reformist president, gathered with beaming executives from South Korea’s Kia Motors to announce the carmaker will spend US$1 billion on a new assembly plant near the northern city of Monterrey—one more new North American car factory Ontario didn’t get. The deal, Peña Nieto boasted, is part of “the success story that we […]
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