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MANILA, Philippines — The Philippines is among the countries in Asia Pacific that is least exposed to a fall in Chinese demand arising from the trade war between the US and China, according to Moody’s Investors Service.
In a report, the debt watcher said the Philippines may post a softer decline in gross domestic product (GDP) growth amid the weakening global output, particularly the slowdown in China. Moody’s said the Philippines is ranked sixth least exposed to a fall in Chinese demand after Bangladesh, India, Sri Lanka, Pakistan, and Indonesia, while Hong Kong, Mongolia, Singapore, Vietnam and Taiwan are among the most exposed to a sustained slowdown in China. Read more: Philippine Star Comments are closed.
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ABOUT PTIC TAIPEI
The Philippine Trade & Investment Center in Taipei is the Commercial Affairs Section of the Manila Economic and Cultural Office and the representative office of the Philippine Department of Trade & Industry in Taiwan Archives
April 2019
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