A RAY OF LIGHT FOR MEXICO

摘要

Although Mexico's exports and remittances are in decline, its oil production and tourism sectors weakened and unemployment rising, the country's banking industry entered the global crisis in good shape and may be able to provide the credit needed to reactivate the economy.rnThat Mexico's economic downturn was not caused by homegrown problems, but by the US's financial and economic crises, has not diminished the pain of the fallout. How can it? Reflecting how undiversified Mexico's trade is, 80% of the country's exports still go just to the US, and Mexico relies on the US for remittances, foreign investment and tourists.