Chinese Premier Wen Jiabao says his nation and Mexico are on course to finalize an alliance strengthening their bilateral ties.

Mr. Wen on Saturday wrapped up a two-day visit to Mexico City where he met with President Vicente Fox and local businessmen.

China, Mexico Prepare Strategic Alliance - 2003-12-14

Mr. Wen and Mr. Fox said at the end of the Chinese leader's visit that they were laying out plans for a strategic alliance. Nothing yet has been signed.

China, Mexico Prepare Strategic Alliance - 2003-12-14

The visit comes amidst complaints by Mexico that it is being inundated by Chinese contraband products and undercut by low-priced Chinese goods. Mexican clothing industry officials say 58 percent of the product sold in Mexico is illegally imported, mostly from China.

China, Mexico Prepare Strategic Alliance - 2003-12-14

Mr. Fox has said in the past that China should be seen as an opportunity and not a threat.