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2016-12-06 18:35:00

CHINA'S VICTORY IN MEXICO

CHINA'S VICTORY IN MEXICO

According to FTChina has muscled its way into investment in Mexico by grabbing two deepwater oil blocks as part of an auction considered the jewel in the crown of the country's energy reform, in a move that boosts the two nations' sometimes testy economic ties.

It is the first test of investment appetite in Mexico since the election victory of Donald Trump, who has blamed both countries for luring away US jobs. The result showed "Mexico is a very competitive country that attracts investment from all places," said…

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Tags: CHINA, MEXICO, OIL, CNOOC, PEMEX
Chronicle:
CHINA'S VICTORY IN MEXICO
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