It is all about business, trade, deficits, loans and debt traps that imperialism can thrive in this sphere of globalism that China is portraying as a better alternative of conquering the world without guns but gain more money.
As the world does not know, China is employing a strategy of global trade to become a superpower and replace the position of the United States as the dominant power in the world.
BRI is masking for openness in trade by bringing in infrastructure for the world and use it as a platform to conduct further commerce with its unprepared rivals.
Many fear the Made in China 2025 for it will be the turning point where she can be of advanced in technology for manufacturing.
Of course, upon riping of technology for China, there will be better, more efficient, productive and speed production for China and may defeat squarely any nation in the conduct of trade.
Once deficits and more deficits are incurred by a country against China, coupled by loans and default payments, Chinas will harvest more that country into its submission and acquire natural resources it may need for her consumption leaving those nations bleed.
It is happening now, China has practically obliterated Djibouti, Sri Lanka, Kenya, Pakistan, and others into debt traps that might suddenly demand loans payments of its sovereignty and natural resources.
This is a danger for the Philippines who is entertaining China's offers of infrastructures and loans which seemingly will come as a case of other countries now suffering bad loans.
Made in the Philippines is just a matter of likeness that our leaders and elected ones should set goals for industrializing the country and setting the manufacturing sector advanced today.
We need to look that our GDP is only about 300 billion UDS against China's 12.24 trillion USD. We should attain a trillion dollar economy so as to be able to defend ourself=ves with the bullies of China in the South China Sea and stop the deficits of the country.
Manufacturing is the hope of this country to defend us in deficits and BOPs of the country that our leaders should address this situation.
The 300 billion USD GDP pales in comparison with China's 12 trillion, and we are just sitting idly not doing anything about our trade, exports, and investments.
Our local capitals are even at risk by the mounting regulations on businesses that put friction to the growth and acceleration of the economy.
We even lose the view of encouraging micro businesses and self-employment of our people in the midst of unemployment for the sake of securing the economy and bracing its condition .
We should have this ambition of made in the Philippines just like China is doing today. We should prepare hard to engage highly in manufacturing, factories, trade, and eXports that will drive exponentially our economy.
Photo reference HERE
At this instant, China has been very active for its Made in China 2025 that would mean further strength on its manufacturing,export and trade throughout the world.
ReplyDeleteAt this juncture, our government should the same act on the future of our manufacturing that would be called Made in the Philippines 2025 as a countermeasures for defending our trade, and deficits abroad.
2025 is about vision of China to what it would like to become, and the Philippines should also ha this spirit to bring our economy to more growth particularly our GDP.
The Philippines should secure its trade by reducing its deficits internationally. We are only having about 330 billion US dollars of GDP versus China's 12.3 trillion USD economy that makes the problem on how we can fight back.
ReplyDeleteThe government should implement vision of competing with China or any other countries int he region so as to prop up its economy by references and comparison attitude. Our crab mentality should be apply positively for our national interest. Unless we employ some kind of character to ourselves of comparing our data with other countries, there is no means that we can be forced to elevate our manufacturing in order to attain a trillion dollar economy for the country.
though we have laws that makes difficult for foreigners to acquire lands int he country, such can be overcome by issuing policies , executive orders, or legislation that will at temporary conditions land can be resolved for investment purposes just to attain the level of investment in the country that would resolve technology transfer problem of the country. There can be terms of periods of years, moratoriums and leases that would make all investors attracted to the country's investment.
ReplyDelete