The Asian Superpowers are Back--China and India: RP, compete or cooperate?

[uls]

I'm sorry if my reply offends, but this type of comment is annoyingly defeatist. What are you going to do. Lie down and let them walk all over you?
Yes of course you must co-operate, but as I said in my previous post, Philippines has far more talent and creativity than China....FACT!
25 years ago China was NOTHING, no inastructure, no factories...for example the 4 million strong city of Shenzhen (at the border close to Hong Kong New Territories) was a FISHING VILLIAGE.
Vetnam is now challenging China in certain fields (I know i've been there and sourced products CHEAPER THAN CHINA) - again only a few years ago they had nothing! There is no reason why Philippines cannot do the same.

My company now employ Pilipino designers who also teach the local Chinese workers how to weave.
My colleague's company close to me in China (he's married to a Pilipina too) has brought in dozens of Pilipino workers because the local Chinese aren't good enough.

You CAN compete. You MUST compete. You have all the talent you need to be BETTER

Ya we know what China and Vietnam was a generation ago.

Dude, i see u appreciate Filipino talent. So why is ur company in China?

Instead of taking Filipinos from the Philippines and bringing them to China (separating them from their families), why dont u bring ur capital here and put up a manufacturing facility here?

All that FILIPINO CAN DO IT talk is getting old. We already have a lot of inspirational talk here. The Filipino is world class. The Filipino has potential. Filipinos climbed Everest... etc etc etc

China and Vietnam attracted capital. That's how they became what they are now.

If ur so impressed by Filipino talent, bring ur capital here.

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U said "Philippines has far more talent and creativity than China"

Then? What are those talented and creative people gonna work on?

It's like having the best drivers... with nothing to drive.

[jpdm]

I'm sorry if my reply offends, but this type of comment is annoyingly defeatist. What are you going to do. Lie down and let them walk all over you?
You CAN compete. You MUST compete. You have all the talent you need to be BETTER

That's the problem with our country...and that is why our country is a laughing stock of dynamic Asia......simula pa lang boxing...itinapon na ang towel....

[jpdm]

Philippines? center of Terror in Southeast Asia.....Wow!!!!!???????

B*******t!!!!!!!!!!

Thailand is bombed left and right by rebels from the south, despite having a "military junta" and no democratic govt..

Indonesia is the headquarters of Jemiah Islamiya....

We, the center of terror??????kaya pala walang turista dito... kaya nakikinabang...malaysia, indonesia, thailand and singapore.......conspiracy ba ito?Lupit kasi ng media sa bansa natin, OA....nagpaputok lang ng pillbox yung mga na frat, nasa CNBC (singapore),BBC , CNN na...na terror threat na....

[Alpha_One]

Ya we know what China and Vietnam was a generation ago.

Dude, i see u appreciate Filipino talent. So why is ur company in China?

Instead of taking Filipinos from the Philippines and bringing them to China (separating them from their families), why dont u bring ur capital here and put up a manufacturing facility here?

All that FILIPINO CAN DO IT talk is getting old. We already have a lot of inspirational talk here. The Filipino is world class. The Filipino has potential. Filipinos climbed Everest... etc etc etc

China and Vietnam attracted capital. That's how they became what they are now.

If ur so impressed by Filipino talent, bring ur capital here.

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U said "Philippines has far more talent and creativity than China"

Then? What are those talented and creative people gonna work on?

It's like having the best drivers... with nothing to drive.

"Why are many countries poor?" That question's getting WAY too old.

A better question would be "Why are certain countries rich?"

Some may say, natural resources. The U.S. has plenty of natural resources. So does Australia, and the Middle Eastern countries. But so do the Philippines and much of Africa for that matter. What about Japan, Hong Kong and Taiwan, then?

Imperialism, maybe. Many argue that former colonies tend to be poor, and former colonizers tend to be rich, because the colonizers suck off all the natural resources off the colonies. Then again, the U.S. was a former colony. So was Canada, and Australia. And Hong Kong. And Korea. What about Ethiopia, or Liberia, or Nepal, they were never colonies. It's also interesting to note that during colonial times, the current famine-stricken sub-Saharan African nations *exported* food, but today, fertile land is unutilized.

Maybe it's human resources. Yes, there are plenty of brilliant people in America, and there are plenty of them in Japan. But, as uls, why is China getting much richer, if their human capital is "inferior" to that of the Philippines? Well, not much use of your human capital investment if they need to move out because they can't work to their potential at home.

One thing in common in all those rich countries, though, is a business friendly environment. NOT the oversimplistic explanations about "imperialism", "natural resources", "talent" or "cheap labor". In the Third World, you have corruption, extortion, terrorism, excessive, arbitrary government regulation, "labor" unions that sleep on the job. Let's not forget to mention everybody's pet peeve, the highly left-wing, anti-business double standard propagators, (i.e. hypocritical, and that's a HUGE understatement) the mainstream media.

Third World governments, if not being highly corrupt, are highly inept, by coming up with simplistic "pro-labor", "pro-poor" or "pro-consumer" laws that cure the symptoms (high prices = price controls, low wages = minimum wage laws) instead of addressing the diesease (environment hostile to economic activity). No matter how hard politicians try, the law of supply and demand is like Newton's laws of motion - it's natural and you just have to deal with it. You can get rid of red tape, terrorists, extortionists, but not gravity, neither can you get rid of supply and demand.

I agree fully with uls. You can't get rich out of idle resources, whether it's talent, fertile land, or gold underground.

Capital is capital, it doesn't matter where they come from - locally, from America, or from Mars. People must also understand that an investment is a COMMITMENT. Investors don't pull out/relocate on a whim - that's business suicide. Investments don't move just because it's cheaper to operate somewhere else, for investments themselves are bloody expensive. So why do investments move elsewhere? It's not cheap labor - it's the friendlier environment.

As for the original topic, it's a fact of life that we'll compete AND cooperate with our big neighbors. Globalization is a two-way street. There are opportunities amongst the challenges. Thinking otherwise would be shutting those opportunities out. Thinking "compete or cooperate" is focusing on a false dilemma that would limit our options.

[jpdm]

Fozzie bear, i highly appreciate your belief that we pinoys can compete with these Asian giants in terms of human resources. i know we can t compete head to head right now with China and india.....but we can... and thank you for believing that we can......

Our uncompetitiveness....brought by bad peace and order situation, corruption, red tape and worst of all, our lack of patriotism (i.e. pamilya at angkan muna, bago bansa...damn these politicians, bureaucrats!)....IS TEMPORARY....

A STRONG, DEVELOPMENTAL STATE IS THE ANSWER. Numerous literatures have acknowledged that the Asian Economic Miracle (japan , korea, malaysia, singapore, china and india)happened because of this type of government were erected in these countries..

On the contrary, free wheeling market economy do not really work in these countries especially in the Asian giants. China and India has a "socialist market economy"....China for instance can change its rules on foreign ownership overnight by her Communist government (victim: an American film giant). India, has a socialist-nationalistic tendencies...even the up-and-coming Communist star--Vietnam--is still a " socialist market economy".

The Philippines has one of the most liberalized economy in Asia---the government has less control of the economy unlike these Newly Industrialized Countries (NICs). pero bakit laggard pa rin tayo?

Kasi walang nagbibigay ng direksyon sa ekonomiya.

[uls]

Third World governments, if not being highly corrupt, are highly inept, by coming up with simplistic "pro-labor", "pro-poor" or "pro-consumer" laws that cure the symptoms (high prices = price controls, low wages = minimum wage laws) instead of addressing the disease (environment hostile to economic activity). No matter how hard politicians try, the law of supply and demand is like Newton's laws of motion - it's natural and you just have to deal with it. You can get rid of red tape, terrorists, extortionists, but not gravity, neither can you get rid of supply and demand.

You can't get rich out of idle resources, whether it's talent, fertile land, or gold underground.

Capital is capital, it doesn't matter where they come from - locally, from America, or from Mars. People must also understand that an investment is a COMMITMENT. Investors don't pull out/relocate on a whim - that's business suicide. Investments don't move just because it's cheaper to operate somewhere else, for investments themselves are bloody expensive. So why do investments move elsewhere? It's not cheap labor - it's the friendlier environment.

couldnt have said it better dude

People just dont get it. IT'S THE MONEY.

To get oil or gold or any mineral out of the ground, u need capital.

To get ur talented and creative people to produce something, u need capital.

The reason why the Philippines is where it is now, compared to where our neighbors are now, is coz we werent attractive enough to capital.

People have all sorts of explanations to why the country is poor...

But it's really very simple. IT'S THE MONEY.

[uls]

sory double post

[VtEC]

we have all the means to compete, we have the talent but we lack on capital as pointed by other poster.china is the all time favorite for manufacturing because they can control their people.Investors worry too much about unions, politics, peace and order etc etc.unless the government has control for all of this, we will stay where we are now.

[Fozzie Bear]

.............................................
Dude, i see u appreciate Filipino talent. So why is ur company in China?

Instead of taking Filipinos from the Philippines and bringing them to China (separating them from their families), why dont u bring ur capital here and put up a manufacturing facility here?
...........................................
China and Vietnam attracted capital. That's how they became what they are now.

If ur so impressed by Filipino talent, bring ur capital here.

..................................

Unfortunately I am only an employee otherwise I would.
The reason the company is in China is because the manufacturing factories are Chinese owned. The design, sales and marketing is based in USA.

In answer to your last question, I do in fact bring virtually ALL my salary home to Palawan every month. (We have an arrangement where I bring the money home and my wife makes sure that she spends it all!)
I have sold my home in England and I am investing ALL of my available funds into building my new home in Palawan (and employing local extremely talented builders in the process).
Our son goes to boarding school in Puerto Princesa because it is BETTER than the Chinese schools.
I will retire (eventually) to Palawan and spend all of my pension fund there.

I think you would agree that I have made my point............

.......but to get back to the actual theme, you can not only compete, you can be (you ARE) better, and I am VERY proud to call Philippines my home.

[wildthing]

.... I do in fact bring virtually ALL my salary home to Palawan every month. (We have an arrangement where I bring the money home and my wife makes sure that she spends it all!)
.....

:rofl:

I have a similar arrangement with my wife....