MEXICO CITY – China has invested heavily in resource-rich Latin America in recent years, striking major trade deals with governments from Venezuela to Argentina. Now its president is reaching out to one of the few countries in the region where ties have been slow to develop: Mexico.
President Xi Jinping’s three-day visit starting Tuesday comes as Mexico debates opening its highly regulated energy sector to more foreign investment.
China’s president says he plans to discuss ways to increase Mexican exports. Analysts say that could mean oil, which Mexico has and China needs to fuel its expanding economy and the cars of its growing middle class.