The global power of China's economy

Speaking about the enormous shipping container port of Chian, ranked as the biggest in the world is something that we should think about in the Philippines.

The condition of export and import business of China is skyrocketing, and we can no longer fathom the the depths of the Chinese influence in trade, that even the US is now hurt by the magnitude and size of the china economy based on trade and commerce.

The presentation in the video alone is enough to convince our government, our lawmakers and those in positions to think and study the challenges imposed by china on us, and make counter the dominance of Chinese power over our trade and as much as possible secure the defense of our economy against the onslaught of chines products received int he country.

We are struggling to survive in the global competition and influence of other countries that had already affected our own growth and make difficult the living conditions of our people made by the effects of trade imbalance with China and the rest of the world.

Our fear of technology is the reason of all since we have been distancing ourselves in the venture of technological advances that attracts exports, yet, we still ignore the necessity of going research and science as the means of getting attention in trade and commerce.

Philippine Economy

The Economy of the Philippines is the 36th largest in the world, according to 2016 estimate of the International Monetary Fund statistics, 13th largest economy in Asia, and the 3rd largest economy in the ASEAN after Indonesia and Thailand.Wikipedia

Currency: Philippine peso

Gross domestic product: 292 billion USD (2015) World Bank

GDP per capita: 2,899.38 USD (2015)World Bank

Gross national income: 895.9 billion PPP dollars (2015) World Bank

GDP growth rate: 5.8% annual change (2015) World Bank

GNI per capita: 8,900 PPP dollars (2015)World Bank

Internet users: 40.7% of the population (2015) World Bank

Vietnam Economy

After just few years after the war, Vietnam is fast becoming one of the largest economy in the world, at 47th.

While the Philipines is the 36th int he world, still the situation is under acceleration that in few years, and made by the current situations and indicators, Vietnam will overtake the Philippines comfortably.

The economy of Vietnam is the 47th-largest economy in the world measured by nominal gross domestic product and 35th-largest in the world measured by purchasing power parity. The country is a member of APEC, ASEAN and the WTO.Wikipedia

Currency: Vietnamese dong

GDP per capita: 2,111.14 USD (2015)World Bank

Gross domestic product: 193.6 billion USD (2015) World Bank

Gross national income: 521.6 billion PPP dollars (2015) World Bank

GDP growth rate: 6.7% annual change (2015) World Bank

GNI per capita: 5,690 PPP dollars (2015)World Bank

Internet users: 52.7% of the population (2015) World Bank

India's "Silk Road" snub highlights gulf with China

The Belt Road project of China is  solidifying further its strength in trade and economy with a one way trip against other member countries for the reason that the barriers are favorably for them alone and will cost members a loss and all will benefit China.


The snub of India is a means  that could pause the initiative as a delayed strategy to rethink the outcomes that might make China an ever growing threat globally in terms of economy and military.

The size of India in land and population, growing technology, are factors that makes a good sign to imperil secret agenda of the Belt Road under the auspices of China.

None can compete or fiercely it is difficult to win the situation with china in terms of the size of their trade with the world. If any nation can counter this size, it could be a good relief to make the rapid expansion of China made by its trade in conquering markets and nations that may cause as a reason to be interfered or threatened. 

The perceptions of China today as a bully  and threatening others mostly in sovereignty issues are  reasons that had caused bad impressions on them and the Belt Road project is put in doubt and in question of interest.

The unity of nations in trade and cooperation are dignified objectives specially when not melted with interests and motives among big and giant members who are majority stakeholders in the concept of Belt road. Though the initiative  can be taken as one impressive feat in the making, its performance and results shall be expected positively and objectively rather than in the negative view for now. The only snub of India is an indication that china is unworthily  trustable agent prior its behavior and character affecting  India and other countries under these experiences. There are some good and bad in the snub, and the reality can be caramelized in the future.

With regard to the country, our position in the Belt road is threatened for a reason that we are a miniscule economy compared with others. Though we struggle under the schemes and conditions at the moment, our hopes in the Belt is due uncertain, but positively, we look forward to it as a source of our economic gain and opportunity under our means and capacity to perform in the arena.

What's needed to be done at the moment is to invigorate the condition of our manufacturing sector, our factories in preparation of this project corridor, because without preparation and capacity, it is a loss and worthless effort if   during the competition we get lost and vaporize. The best to do is make investments in the country progressive, infusing heavily in the manufacturing sector for us to get the  foothold in the corridor. We have enough technocrats and talents to bring forth our objectives and goals along the road, it will just need a solid backing of the manufacturing sector to penetrate the markets opened up before us in the project.

India's "Silk Road" snub highlights gulf with China

Vietnam Forecasts Record 2016 $15 Billion Foreign Investment

This is the magnitude of Vietnamese foreign investment record for the year 2016 which means that this emerging powerhouse may soon become one of the superpower in the region overtaking  comfortably many other countries where in decades ago is struggling to survive in their economy.

The quantity and magnitude shown by the strides of the Vietnamese economy is gigantic compared with its neighboring countries in the southeast asia, and this would mean they are becoming a powerhouse that in a short future, they can no longer be intimidated by industry giants like China which has big stakes in the South China Sea.

The situation regarding the story of Vietnamese is very relevant to our country the Philippines due to its growth is a very big challenge for us and a big reason that would make means to overcome the difficult situation of the country in resolving its ill in employment, investments, cost of living, exports and revenue, and over all the GDP condition.

The Philippine government has been trying hard to make its economy improve and make a better life for its people, but in reality, the situation do not grow due to political culture and condition in the country. The people, and mostly its elected public officials do not serve well for the welfare of its people , but in contrary they prioritize their political careers and sponsor corruption in all corners of public service. The attitude of its people and those in positions are the problems of this nation and makes the reason that it can hardly come up with a descent program in the government to resolve the problem of its people for better life.

The model structure of Vietnam  in receiving foreign investments in this quantity must make in us a challenge and devise remedies to counter the minuscule investments we receive compared with that of Vietnam seen alone for the year 2016.


The amount of 16 USD FDI alone is a huge gap compared with that of the Philippines, as per record we have only gathered that same amount in the whole term of six (6) years of the past administration. To make such data of an envy and a challenge for creating innovation to shorten that gap and make means to lure those foreign investors to entice investment in the country  must be a strategy for now.


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GOOD ADVICE TO ALL THE YOUNG PEOPLE

In  this generation, the youth shall be a kind that is trained to the conditions and demand  of the times . Foremost, the new generation shall undergo series of transformations that would make them fit for the requirements of the modern and fast changing environment of modern economies.

One fundamental concern is the condition of our  educational institutions that must ferment the youth to growth and  talent it needed to face the challenges of their careers. Not only intellectually but morally as pointed our by Mr. Jack Ma.


No matter is the hard times and the odds encountered during those growing years of their careers, his advise is just correct, for the the challenges are strong and competition is real.

167 BILLION USD FOREIGN DEBT

The foreign debt of the country is growing and staggering in magnitude, increasingly colossal. The amount and sizes of our debt grows by each presidents elected and this makes the notion that our leaders elected as hope for the country is actually becoming bad for the country.


Each Presidents should find means to invigorate our economy through productivity, meaning, improving and increasing our GDP, not increasing our foreign borrowings. The cost benefit analysis is absent in the current administration on how to combat the repayment of said loans, and how can we absolve our country in foreign debts.

We must focus in our GDP first, solved the areas where we need to  address the lacking of our country and heal them where it needs attention particularly the weak manufacturing sector of this country is a priority matter.

Let us give energy to our local investors, make an atmosphere conducive to business and manufacturing by giving them relax of regulations as a means to improving our GDP needed. To gather loans abroad  without cost benefit analysis, our system will just sink further and make loss of our economy in the end.



PHILIPPINE FOREIGN DEBT