At the end of December 2022, the banks assets in Mexico amounted to 12 trillion 524.4 billion pesos, according to Mexican government data. That amount represents a real annual increase of 4.9% compared to the end of December 2021. The banking sector’s total loan portfolio was 6 trillion
The United States, Germany and China ranked as the world’s largest auto importers in 2022, according to data from the World Trade Organization (WTO). While U.S. foreign purchases of autos totaled $168 billion in that year, those of Germany and China were largely smaller, totaling $68 billion and
According to Goldman Sachs Research, it costs 44% more to build a semiconductor fab in the United States than in Taiwan, which is currently the leading manufacturing location for advanced computer chips. But the CHIPS and Science Act of 2022 aims to attract investment in domestic semiconductor manufacturing
O parque industrial Hofusan, onde as empresas chinesas estão localizadas em Monterrey, no México, é um sinal da diversificação das operações da Ásia, observou Kearney. Há empresas desembarcando nos EUA e no México, e isso é especialmente verdadeiro para empresas que buscam economizar em logística e transporte de
The Hofusan industrial park, where Chinese companies are based and which is located in Monterrey, Mexico, is a sign of Asia‘s diversification of operations, Kearney noted. There are companies landing in the United States and Mexico and this is especially true for companies looking to save on logistics
The ASEAN–Korea Free Trade Agreement (AKFTA) is undergoing a joint review study. According to the World Trade Organization (WTO), the final report is scheduled to be adopted during the 20th AKFTA-IC meeting in the second quarter of 2023. As for the ASEAN-Japan Comprehensive Economic Partnership (AJCEP), the agreement