The Bank of Mexico forecasts growth of 1.7 to 2.5 percent this year, and 2.5 to 3.5 percent in 2016. 8 Downside risks to growth likely predominate. These include further reductions in oil extraction, less robust-than-expected U.S. industrial production, and continued fragile consumer and producer sentiment. Structural reforms currently underway in Mexico could enhance long-term productivity growth.
In view of its historical backdrop, its relationship with the Mainland, particularly in the realm of trade and financial connections, and the benign interactions with Portuguese speaking countries, particularly its partnership with financial institutions of these countries, Macao has fully displayed its function as service platform in the middle.