The Manila Times on Nostr: Foreign investments fall: Blowback from anti-China policy ========== Foreign direct ...
Foreign investments fall: Blowback from anti-China policy
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Foreign direct investment inflows into the Philippines in the first 21 months of President Ferdinand Marcos Jr.'s rule totaled only $3.3 billion, a sixth of the $19 billion claimed by Trade Secretary Alfredo Pascual. The data from Bangko Sentral ng Pilipinas contradicts Pascual's statement. The article suggests that the decrease in foreign investments may be a result of the anti-China policy implemented by the government. The author questions the effectiveness of President Marcos Jr.'s foreign trips in attracting investments.
#ForeignInvestments #AntichinaPolicy #Philippines
https://www.manilatimes.net/2024/07/08/opinion/columns/foreign-investments-fall-blowback-from-anti-china-policy/1955711
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Foreign direct investment inflows into the Philippines in the first 21 months of President Ferdinand Marcos Jr.'s rule totaled only $3.3 billion, a sixth of the $19 billion claimed by Trade Secretary Alfredo Pascual. The data from Bangko Sentral ng Pilipinas contradicts Pascual's statement. The article suggests that the decrease in foreign investments may be a result of the anti-China policy implemented by the government. The author questions the effectiveness of President Marcos Jr.'s foreign trips in attracting investments.
#ForeignInvestments #AntichinaPolicy #Philippines
https://www.manilatimes.net/2024/07/08/opinion/columns/foreign-investments-fall-blowback-from-anti-china-policy/1955711