Friday, July 27, 2018
FORGET CHINA, THINK PHILIPPINES
It is surprising that China has made great leaps in technology and manufacturing that made her a dominant world economic leader today.
The motor, or car manufacturing companies of China that comes in droves are something that the country should find as a compelling matter for ourselves to consider energizing our industries as mechanisms to defend our trade and economic situations that will be confronted by these developments in China and its impact to us. That on top of the current car and auto imports of the country, the onslaught of China's trade will definitely damage what is already a suffering economy for the Philippines, and if not abated may cause more that can further ruin the economy that will hurt our recovery and growth.
We should view the growth of China in manufacturing as a threat to our economy, and that there must be something done internally to prevent the effects of trade of China to the Philippines.
The US and China embarkation to Trade war reflects as a lesson for our government, that such experience of the US against China in trade relations puts the americans on the bad side of the equation. These unfolding events b demonstrate to us tetween the two countries should concern us deeply, knowing that the US as being the biggest world economy is now at threat with the transformations of China becoming the next world leader by their wealth resulting from their trade surplus abroad, that naturally is greatly their accumulated wealth will have its consequences into military growth and power. This is the real fear about China's big economic growth.
In the outset, our government should take attention at once to the condition of our trade with the rest of the world if we intend to defend ourselves primarily our own economy that later on if we can able to buildt and sustain, our progress for improving and creating more will then result to what is the goal for economy liberty and self-sufficiency of our future.
Silently, we should engage now while others are struggling with loans given by China.
To speak, trade war must be taken as a normal course of governance, a regular business activity of our government, that for national security, such attention for trade, datas, rates, models, trends on the output and performance of our manufacturing, technology, and others must be taken into consideration as the core of the government's activities. That in keeping focus on these aspects, it will cause positive results faster than we can imagine if we concentrate on these issues just just like US is now taking care of these matters.
It is imperative for any government to be engulfed by trade war.
There are few dozens of car makers in China at present, and these factories and companies under this industry will make them ever self-reliant, self-sufficient, and self-sustaining domestically and will surely contribute to build support for their military, that its effects of their capabilities of improving their technologies is now felt in the south China sea disputes.
All civilian industries are prelude to military modernization, and this is the very reason why China focused on manufacturing that naturally had made them sustainable in providing growth for their military.
In these terms and understanding about the contribution of car industry in the country must be recognized by the government as a necessity today, that we can no longer afford delay before the global rush of economic power and financial superiority as the game and now being enjoyed by China.
Is it impossible for the country to start by its own car industry? This industry is just one component of ramifications for building or acquiring technology transfers that would cure the problem of our economy.
This is the question that the government itself evade to address head on today, that by the self-interests of our leaders elected, they've swayed on these facts and divert to social problems of the country which are inappropriate issues to focus on.
Our elected leaders and empowered agencies of the government knows that this industry must start and lead our economy, yet by each administrations, we have been confronted by fears, corruption, submissions, and often lack of interest for these issues that fails gain for the nation.
We had been into a culture of indolence and doing nothing with regard to the concept of technology that our people big or small tend to engage in a past time and insignificant matters forgetting technology and entrepreneurship.
To make things move, the government and our elected leaders should act on concentrating the investments of the government by means of incentives and promotion from the private sectors, take partnerships, loans, grants, tax incentives and holidays, exemptions, priorities, emergency, and exlcusive status that we can award to corporations, consortiums, mergers of private capitals, mixed investments of private and government, local and foreign arrangements, partnerships, joint ventures, and so on, to make things move and realize not only into a small scale but to emphasize that the industry must be grown proportionately large making these goals realized in short term period attaining global status and superiority
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this topic is just suggestive of what should be the emphasis of the government.
ReplyDeleteThough there are various programs that the government today had achieved, the paramount concern of the economy is unprecedented, that major efforts should be made.
The condition of the economy of the country is considered appalling, and major considerations for the economic program of the country must be given that full attention.
Like in this example, if we don't get into care manufacturing as an industry that will introduce us to and advent of technology is a way of propping up this economy.