The equestrian industry has a major impact on the U.S. economy and jobs, notes Tropical Racing. To consider with authority: Tropical Racing is a thoroughbred racing company that cultivates and promotes the growth of its assets with resources in all facets of the thoroughbred racing industry. As such,
Apparent steel consumption (ASC) in China declined 1% during the first half of 2023, ArcelorMittal said. The reopening of China at the end of 2022, ahead of schedule, along with the government’s front-loading of infrastructure spending, saw ASC grow strongly in the first few months of 2023, supported
In February 2022, Argentina and China signed a memorandum of understanding under the Silk Belt and Road Initiative. The Belt and Road Initiative aims to boost cooperation and connectivity between countries through land and ocean routes. According to the Argentine government, the initiative aims to develop a platform
Mexico‘s Ministry of Foreign Affairs (SRE) highlighted six functions of the World Trade Organization (WTO). Succinctly these are: administering and monitoring the implementation of existing agreements, providing a forum for trade negotiations, resolving trade disputes, reviewing national trade policies, cooperating with other international organizations to promote coherence in
Mexico‘s auto parts production for the export market broke a record in 2022, but production for the domestic market is still below its all-time high. Last year, total Mexican auto parts production was US$107.617 billion, an increase of 13.5% year-on-year. Separately, production for the foreign market grew 13.7%
By far, China led the ranking of the world’s largest vehicle producers in 2022, followed by the United States and Japan. From 2021 to 2022, China increased its production from 26.1 to 27 million units. According to statistics from the China Association of Automobile Manufacturers, China’s automobile production