Skip to main content

Trade War WIth China?




I heard over the radio that some sectors are advocating that the Philippines retaliate against China’s saber rattling at the Spratly Islands by putting a stop to the imports coming from that country. Without China doing anything, it will be the Philippines on the losing end. Most of the raw materials being used by the Philippine exporters are imported from China. The same holds true for the raw materials used for the domestic consumption. Therefore, if the Philippines will start buying from elsewhere, its export market will be greatly reduced because China is the cheapest source of raw materials. Philippine exports will become less competitive. Domestic prices will also increase and God knows what else. Need I say more?

Comments

Popular posts from this blog

Land Reform: Land of Bondage Land of the Free

One of the most moving speeches that I've read. During grade school, this was the most often recited elocution piece in my school. Here it is, the text of Raul Manglapus' Land of Bondage, Land of the Free. Land of Bondage, Land of the Free By Raul Manglapus And yet, ladies and gentlemen, the tao is constitutionally free! No wonder, then, that the tao being a slave has acquired the habits of a slave. No wonder that after three centuries in chains, without freedom, without hope, he should lose the erect and fearless posture of a freeman, and become the bent, misshapen, indolent, vicious, pitiful thing that he is! Who dares accuse him now? Who dares rise up in judgement against this man, reduced to this subhuman level by three centuries of oppession? Ladies and gentlemen the tao does not come here tonight to be judged -- but to judge! Hear then his accusation and his sentence: I indict the Spanish encomendero for inventing taxes impossible to pay! I indict the usurer for s...

US PRESIDENTIAL CONVOYS

A columnist for a Philippine newspaper talks about the costs and massive preparations required by the US Secret Service whenever President Bush and other (US Presidents) travel outside of Washington DC. I remember watching a CNN report that showed how big a US presidential convoy is, compared to the two vehicle transport being used by Prime Minister Tony Blair of the UK.

Grief and Anger as Minnesota protests turn violent

It is all about the senseless and meaningless death of George Floyd. He was a lone and helpless black man apparently killed by white cops in a peaceful arrest in a supposed non-violent crime. Most shockingly, it happened at a time when the world is supposed to be moving towards the general direction of tolerance, understanding, and equality. What happened is dreadful beyond imagination. George Floyd is black and he died due to methods that are perceived to have been deliberately inflicted by white police officers. Arrested for an alleged non-violent crime, he suffered a gruesome death. While Floyd’s and the cops' skin colors may have not have been a factor in the way they treated one another, the line being used by protested strongly surmise otherwise. He was lying on his belly, hands cuffed behind him, pinned by three white officers with one using his body weight and knee to pin his neck to the pavement. He was begging that the knee be released, that he cannot breathe, but...