Courtesy of BBC, an article on the Train Maya, dubbed “the greatest construction project in the world”, aiming to usher in a new way for travellers to experience Mexico’s ancient Maya sites: I first visited Tulum Pueblo as a backpacker in 2017. Located in Mexico’s south-eastern Yucatán Peninsula, the beach town is famed for its […]
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 »Courtesy of The Economist, a look at why Chinese companies are flocking to Mexico Chinese investments have been pouring into Mexico lately. Last month alone brought two notable ones. The government of Nuevo León, a northern state bordering the United States, announced that China’s Lingong Machinery Group, which makes diggers and other construction equipment, would […]
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 […]
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