Our mandatory economic war against China
The Freeman
|May 29, 2025
World War II. Remember that Gen. Douglas MacArthur was so impressed by the resilience and strength of the Filipino soldier that he once exclaimed "Give me ten thousand Filipinos and I shall conquer the world!"
We, all citizens of the Philippines, can do our share of fighting China. It is in the area where we fire no guns neither confront the enemy soldier face to face. Malls and markets are our battle ground. Our economists have said that we are on the negative end of our trade with China. I read somewhere an economic journal that claimed that we imported $34 billion worth of Chinese goods but we only sold them something like $8 billion. Whether that report was true or fake, exaggerated or not, it can be validated by the overwhelming presence of products made in China on our store shelves. The paper said that the difference in the value of our trade deficit helped fund the Chinese misadventures into the West Philippine Sea. Differently said, we are partly subsidizing the Chinese invasion in our country.
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