Jan 28, 2015

Mexico shuts down planned Chinese trade center near Cancun

AP: Authorities shut down a huge trade center development near the resort city of Cancun on Monday that was conceived as a showcase for Chinese products and had previously been fined over $1 million for environmental damage.

Mexico's environmental protection agency said in a statement that the Dragon Mart Cancun project was "totally shuttered" over failure to comply with corrective measures ordered last year and the removal of vegetation related to construction. The statement said the agency determined the project was being built in a coastal ecosystem where mangrove stands are present. Read more. 

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