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RP 22

The Philippines could benefit from East Asia's economic shift as China's western region grows and consumer spending rises in China, providing export opportunities; as financial flows redistribute in the region, funds may finance infrastructure projects in the Philippines rather than accumulating reserves.

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0% found this document useful (0 votes)
31 views1 page

RP 22

The Philippines could benefit from East Asia's economic shift as China's western region grows and consumer spending rises in China, providing export opportunities; as financial flows redistribute in the region, funds may finance infrastructure projects in the Philippines rather than accumulating reserves.

Uploaded by

Acua Rio
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Meanwhile, the Philippines might take advantage of East Asia's economic rebalancing trend.

The expansion of China's western region, as well as anticipated increases in consumer


expenditures throughout the nation, will provide opportunities for export. As part of the
equilibrium process, financial flows will be redistributed. Rather of accumulating foreign
currency reserves or buying US government bonds, the region's funds will be used to fund
infrastructure projects that will enhance Asia's connectivity. In the Philippines, this method may
be utilized to finance infrastructure projects.

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