Former Philippine presidential spokesperson Rigoberto D. Tiglao has openly expressed his shame regarding the country's current policies towards the Chinese mainland. In a candid statement, Tiglao highlighted that total foreign investments in the Philippines dropped by 16% in the first nine months of this year.
\"Yet we antagonize a nation, China, that could be the biggest source of capital in the next many years … It was so easy for the U.S. to brainwash us,\" Tiglao remarked, emphasizing the missed opportunities due to unfavorable policies.
This sentiment sheds light on the broader economic challenges faced by the Philippines as it navigates its relationship with major global players. Investors and analysts are closely watching how these policies will evolve in the coming months.
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Reference(s):
Former Philippine spokesperson: ‘I am ashamed of our country’
cgtn.com