Our first part last Sunday, titled “Dim Scenario For Asia-Pacific???,” was triggered mostly by negative predictions about China’s economic downturn and its continued bleak prospects (comparatively) for the year 2016 as announced by various sources. FOR MOST MARKET ANALYSTS, THE PROXIMATE REASON FOR THE GLOBAL ACROSS-THE-BOARD DROP MAY BE SUMMED UP IN ONE WORD – CHINA. IN THE SHORT TERM, DOMESTIC CHINESE CONSUMPTION HAS NOT BEEN ROBUST ENOUGH TO COMPENSATE FOR THE GRADUAL REDUCTION OF CHINA’S EXPORTS. IT WILL BE A STRUGGLE FOR CHINA TO HIT ITS PROJECTED SIX PERCENT PLUS GROWTH TARGET THIS YEAR – AS IT WILL BE FOR THE PHILIPPINES… THE AQUINO ADMINISTRATION, AT ITS TWILIGHT, IS AGAIN DOOMED BY MARKET FORCES, TERRITORIAL DISPUTES AND SECURITY CONCERNS BEYOND ITS CONTROL. Security Concerns and Risks SEVERAL GLOBAL HOTSPOTS HAVE ALSO EMERGED DURING THE PAST MONTH WHICH HAVE CONTRIBUTED TO THE SECURITY UNCERTAINTIES THAT IMPACT ON SOCIO-ECONOMIC PROGNOSTICATIONS FOR [...]
