The authorities began a new set of reforms toward the end of the year. Only a few days after the heated Tax Code debate subsided, the president launched an administrative reform, and a pension reform was provisionally announced as the next step. All this news arrived in the context of continued industry performance and trade deficit expansion. More about the trends of the end 2010 you can read in our new report “Pushing Reforms Ahead”. The full report could be obtained through subscription at Global Source (www.globalsourcepartners.com). Trial access is available.