Via Rest of World, an interesting brief on efforts to guide Infinix’s Mexico expansion, facing off against Huawei, Xiaomi, and Oppo: Antonio Tercero is country manager in Mexico for Infinix, a Chinese-owned smartphone brand that launched in Latin America in 2022. For decades, Infinix’s parent company, Transsion, has been one of the top-selling smartphone companies in […]
Read more »Courtesy of Latinometrics, a look at Latin American’s significant investment in Chinese solar panels: In the last six years, Latin America has imported $26B — or almost twice the GDP of Nicaragua — worth of solar panels from China, the world’s leader in producing and selling them.
Read more »Courtesy of The Financial Times, a report on growing US concern over Mexico attracting Chinese electric vehicle factories: Washington has raised concerns with Mexico over an imminent wave of Chinese investment into the country, as three of China’s largest electric-vehicle makers prepare to build factories south of the US border. MG, BYD and Chery, known […]
Read more »Via Latinometics, a look at Mexico’s banking industry and the surprising ascendancy of Mercado Pago: Longtime Latinometrics readers – intelectuales, as we call them – will know that we once called Brazil the banking capital of Latin America. We stand by that assessment, given that five of the region’s biggest banks are based there. But don’t think for one second […]
Read more »Via Paddle Your Own Canoe, a report that Mexico’s new miltary-run commercial airline will start flying with miltary planes after lease deal falls through: The Mexican government’s plan to revive the defunct Mexicana airline brand has run into a snag after a lease deal for up to 10 Boeing 737 jets fell through at the last […]
Read more »Via Caixin Global, a look at deepening China-Latin America ties: Twenty-five kilometers north of Monterrey, Mexico, is a cluster of Chinese-owned factories producing everything from auto parts and mechanical equipment to electronics and furniture. The site, Hofusan Industrial Park, has seen some 30 Chinese firms set up shop in the past four years. But Hofusan […]
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