Despite the initial coronavirus-induced slowdown in China’s financial activities in Latin America, 2022 saw an injection of at least US$813 million in new loans, primarily focused on Brazil and Caribbean nations, according to Boston University data. Camilo Defelipe Villa, an Asia-Pacific regional expert, conveyed to Bloomberg Línea that China has now surpassed many combined entities […]
Related Posts
Brazil Achieves Record Oil and Gas Output in 2023
Brazil’s oil and natural gas production hit a record high of 4.344 million boe/d in 2023, up 11.69% from 2022. This milestone marked the first time daily production exceeded four million barrels, the National Agency of Petroleum (ANP) reported. The report highlighted significant gains in both the oil and natural gas sectors. Oil output reached […]
Mexico, third most visited country during pandemic, increases tourism further by 7.3% annually in 1Q 2023
The tourism-related economy of Mexico witnessed a 7.3% annual growth in the first quarter of 2023, driven largely by the consumption and services availed by foreign visitors. The National Institute of Statistics and Geography (Inegi) reported this on Friday. The rise of the tourism sector’s Gross Domestic Product (GDP), as referred to by Inegi, is […]