China and Mexico decided to upgrade their "strategic partnership" to "comprehensive strategic partnership" after China President Xi Jinping's visit to Mexico on June 5.
Mexico will export crude oil to China, which is the most eye-catching. This is a win-win result as it can reduce Mexico's trade deficit and China needs crude oil very much.
Source:
http://www.sinocast.com/readbeatarticle.do?id=94466