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Article: Piggybacking On China's Phenomenal Growth: Prospects For The Philippines.
- Article from:
- Mondaq Business Briefing
- Article date:
- May 1, 2007
CopyrightCOPYRIGHT 2007 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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China's market size, workforce, and economic power presents many opportunities for the Philippines.
The late great United States Senator James E. Watson, in reference to his numerous battles in the august halls of the US Senate, once said, "If you can't beat 'em, join 'em!" This popular adage has been used over and over again and, in our view, is never more apropos than in the case of the Philippine economy in the context of China's phenomenal growth.
While the county's bureaucrats, technocrats, and economic planners continue to debate and think about how the Philippines can position itself in the light of China's economy, it may well be prudent to ...