One way or another, almost every article or analysis that talks about China in modern economic history in virtually every context, industry or sector refers to years of continuous economic growth, the emergence of a vibrant middle class and the massive urbanization and industrialization that is taking place as the country positions itself as the next economic super power. In the O&G industry and specifically in relation to Latin America, these three factors are also present given a very simple but noteworthy situation or, we shall say, allocation of natural resources: proved oil reserves.
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