RP Eyes China, India for Better Economic Activities
The Philippines plans to further expand trade and investment relations with other countries amid concerns the wobbling US economy would upset local economic progress.
Executive Secretary Eduardo Ermita and Press Secretary Ignacio Bunye said improved commercial links with China, India, and other financial giants could help cushion the impact of the US economic slowdown.
Bunye noted that the country has grown less dependent on the US economy due to Manila's active economic relations with other world economies.
"While the US will remain a very close ally, we are not overlooking opportunities with dealing with other countries especially our neighbors," Bunye …
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information: Article title: RP Eyes China, India for Better Economic Activities. Contributors: Not available. Newspaper title: Manila Bulletin. Publication date: January 23, 2008. Page number: Not available. © 2009 Manila Bulletin Publishing Corp. COPYRIGHT 2008 Gale Group.