The Coronavirus or the now named COVID-19 that originated from China has spread to the world but yet a pandemic.
In relation, the economy of China is duly affected but struggles hard to return normalcy by initiating measures that would stop or contain the outbreak, and the situation is improving.
The economy of China is affected hard, and there rise the opportunity for other countries particularly the Philippines the recipient of power and bullies of this country pertaining to our sovereign rights in the South China sea imposing their non-existent nine-dash line. to make of the situation positively. We had been deprived of our rights, fishing and exploration of our natural resources for many years now and the situation of the COVID-19 is a matter of chance for the Philippines to gains something in our own economy if measures are taken in various ways to catch up with what is just necessary to be done or strategize for the economy.
The dismay of investors from China due to the outbreak is a door for us to invite and harvest the expected exodus and prepared measures should be undertaken this upcoming.
The country should pave the way for foreign investments as preparation. We may cut regulations, laws, restrictions, taxes, provide incentives that would lure them to the country.
