Monday, August 14, 2017

Chinese trade and investments


We see the wide investments and  loans granted to the country by China recently, and the volume of the credit that we are favored for in tremendous magnitude is something that might make us off target in the future to make payback of  these loans and favors signed today.

The government's review of the records shows that China has now taken the spot as the country's biggest trading partner today,  and makes the point that such fast paced and trade and investment loans from China might imperil our ability to settle foreign obligations in the future and may result adversely to the national interest of our people.

the  proposed Davao Expressway
Trusting our leaders, we believe that the current administration have enough wit and will not to undergo into an agreement without basis of our capability to meet up obligations in the future, it is still in their judgement, all investments and loans are  viable in return to our financial abilities.
Bridges for construction

The only question remains if all those trade investments and agreements will not be faltered along the course of implementation, and cleanly realized its returns.

Pessimistic as it seems, the value of 53 billion USD loans on top of our old  and pending foreign obligations  will create a stir in our economy once returns of investments fails.






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