The recent development with Taiwan and the Philippines regarding upgrades on our bilateral relation with this island nation is an improvement in terms of our foreign relations that would equate into more trade and manufacturing in the country at the expense of Taiwan.
The other problem on hand is the alarming reaction of China that suggest to the government to prevent the improved relations with the island as it is a political perspective on their own.
Such manifestations of China amid this new and updated relation is a warning sign for the country that even yet at this early, china is now intervening politically the affairs of the country for its personal gains and favor.
The on-going loans and relations with this giant economy shows that she is poised to issue political pressures for the country now and in the future when things comes to worst.
The most fearsome factor is when the level of loans becomes too burdensome for repayment of the country, such political pressures are expected to escalate more.
At this early time, we now know that the forthcoming scenarios would be, and thereby, a calculable and cautious actions must be observed on our part in dealing with China. Taiwan deemed by the mainland as a renegade province should be proven, while our trade relations is purely on trade, the other China cries foul.
The benefits therein from this relation about finance and manufacturing would be enormous, considering the possiblity if we could invite FOXCONN to come to the Philippines if given the good offer.
New Taiwan-Philippines investment pact to include financial sector
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