| phillipines isnt as popular as china could be down to lack of institutional capabilities in fostering growth. ive never been there so cannot directly comment but having studied china for thesis, theres various apparatus that helps the economy to grow and alot of it is to do political will to make teh economy grow. what is surprising, as other well known commentators have noted, is why china isnt growing faster. however, theres many reasons for the high levels of investment in china. huge market, low cost, cheap labour, low tariffs, political stability, etc. all makes china attactive for investors. before the late 90s, the chinese diaspora accounted for the majority of investments. even without non chinese investors, overseas chinese investments would still dwarf phillipines considerably. this factor explains alot too of the indian investment levels of teh past. |
Is 10,000RMB/Month a Ridiculous Offer?