Daily News April 27, 2016
EXCLUSIVE China: Connecting the Americas? Whether in Asia, through One Belt One Road (OBOR), or in Latin America, Chinese officials have made clear their interest in developing extensive, cross-regional transport infrastructure. One Belt One Road, which includes the land-based Silk Road Economic Belt (SREB) and the 21st Century Maritime Silk Road, comprises major road, rail, and other infrastructure projects spanning Eurasia. Although Latin America is not a stop on the “New Silk Road,” China’s infrastructure objectives in Asia and Latin America are strikingly similar. Latin Trade reports. Wal-Mart de Mexico’s first-quarter profit jumps Mexico’s biggest retailer, Wal-Mart de Mexico, reported a 29.9 percent rise in first-quarter net profit on Tuesday, helped by a boost in sales. The company posted a […]