Tag Archives: Xinhua

Mexico Registers Covid Rebound in Six States

XINHUA Mexico is registering a rebound in covid-19 infections in six of its 32 states after 20 weeks of a national downward trend, Undersecretary of Prevention and Health Promotion Hugo López-Gatell said on Tuesday, June 15. Yucatán and Quintana Roo have a “very substantial” increase in covid cases, followed by Baja California, Campeche, Sinaloa and Veracruz, according to the official.

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Mexico-Hong Kong Investment Agreement Set to Kick In

XINHUA The Investment Promotion and Protection Agreement (IPPA) between Hong Kong and Mexico will enter into force on Wednesday, June 16, the Hong Kong Special Administrative Region (HKSAR) government announced on Sunday, June 6. The HKSAR government said the accord will enhance the confidence of investors, expand investment flows between Hong Kong and Mexico, and further strengthen bilateral economic and

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Mexican Economy Recovering in Fits and Starts

XINHUA The Mexican economy is recovering at different “two speeds” from the collapse caused by the covid-19 pandemic, with exports growing at a steady pace and consumption gradually increasing with fits and starts, the Organization for Economic Co-operation and Development (OECD) said on Monday, May 31. During a virtual press conference, OECD economist for Costa Rica and Mexico Alberto González

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Cruz Azul Ends 23-Year Losing Streak

XINHUA The Cruz Azul soccer team ended a 23-year Mexican top flight title drought on Sunday, May 30, by completing a 2-1 aggregate victory over Santos Laguna in the Liga MX Clausura final. Having lost the first leg 1-0 at home, on Thursday, 27, Santos Laguna drew level overall through a 37th-minute strike from Chilean midfielder Diego Valdes at Estadio

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Mexico Revises First Quarter GDP to Just 3.6 Percent Drop

XINHUA Mexico’s gross domestic product (GDP) fell just 3.6 percent in the first quarter of 2021 year-on-year, the National Institute of Statistics and Geography (Inegi) said on Wednesday, May 26, revising its initial estimate of a 3.8 percent drop. According to a revised breakdown by economic segments, the services sector plummeted 4 percent between January and March of this year

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Mexico’s Azteca Stadium Set to Reopen

XINHUA Mexico’s Azteca Soccer Stadium, the stage for the 1970 and 1986 FIFA World Cup finals, is set to reopen to the public after a 14-month shutdown due to the covid-19 pandemic. The 88,000-capacity venue will host the Liga MX quarterfinals featuring tenants Club America and Tijuana against yet-to-be-determined opponents on May 15 and 16. “It is with great pleasure

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Analysts Predict 4.8 Percent Growth for Mexico in 2021

XINHUA Private-sector analysts are now predicting that Mexico’s economy will grow 4.8 percent in 2021, up from the 4.5 percent previously projected, a survey by the Central Bank of Mexico (Banxico) announced Monday, May 3. For 2022, analysts maintained their forecast for Mexican gross domestic product (GDP) growth at 2.7 percent, according to the poll of 38 leading financial groups

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Mexico to Produce Russia’s Sputnik V Vaccine

XINHUA Mexico will being production of Russia’s Sputnik V covid-19 vaccine as early as May, Russian officials said Wednesday. April 28, during Mexican Foreign Relations Secretary Marcelo Ebrard’s visit to Moscow. “Mexico is the first and only state on the North American continent to have registered Russia’s Sputnik V vaccine,” Russian Foreign Minister Sergei Lavrov said in a press conference

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