Jack Liu had plenty of time on his hands last weekend as he sat at his stand in the Mexican Oil Congress.
“This is the third year our company has taken a stand at the [oil] congress, but we’ve never raised any business,” said Liu, a manager at Beijing-based LandOcean Energy Services, a high-tech data processor for oil companies. “It’s terribly difficult to get business with Pemex [Mexico’s oil monopoly].”
The company is just one example of China’s striking failure to develop strong economic ties with Mexico at a time when it is building links almost everywhere else in Latin America.
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