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Pemex Primes Chinese Pumps

Sep 25, 2009

Echoing the sentiments of many Latin corporates attending the LatinFinance Latin America China Investors Forum in Beijing this week, Pemex is optimistic about increased Chinese involvement in the region, specifically in the oil sector. "We can certainly gain expertise...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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