CHINA IS JUST LAUGHING AT US

With the massive projects going on in China, there is no doubt that she is now taking the place as the most richest country in the world, maybe in just a short time. Money and wealth has been directly converted into gigantic infrastructure projects that even America cannot even equal the gargantuan mega projects being build in China.

Thus, China is just practically laughing at us, even to the point that President Duterte is trying to  befriend this giant in the hope for an exchange of loans and assistance  to fuel our economic programs locally. But we need to be cautioned because the situation is not merely, China needs us more that we need them.

The money about to trickle from China is not practically free, they will be repayable, and always an interest is attached to anything we have from it, and by this due, there are always danger, adding to more dangers we had with our current loan problems.

Why not seek and self-make our riches? We cannot make our economy grown by the expense of others, we'll have to self make it and dump the excuse that we cannot stand alone without them. Activate massive manufacturing in the country, and create production lines for our raw mining products before we export them, prohibit raw exportation. Job generation is ultimate in manufacturing, that thru factories we will become self-reliant of products coming from China, instead reverse the situation, that China, or the world will need us due by our own exports and products.

China is just laughing at us with the kind of  mentality and attitude we are showing internationally. The mega projects inside China is envious, they don't need us, and by this way, we should internalize to create wealth though industrializing.