Piggybacking On China’s Phenomenal Growth: Prospects For The Philippines

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 consider just finding our niches and "piggybacking" on the prodigious economic trends in China.