How Can You Expect Firms From China To Move To The Philippines When It's Got Excessive Restrictions Against FDI?

It's no secret that firms are already moving away from China thanks to the cruelty of the People's Republic of China. If Chinese are moving away from China then don't expect foreign firms to move away from China. Microsoft and Google are pulling out of China moving to Vietnam and Thailand. I wouldn't be surprised if other firms will move to the Republic of China (Taiwan) any time soon. Why not the Philippines? It's because of the negative list of the Philippines especially the rule of 60-40 that's applicable for firms that can invest. 60-40 itself should be condemned as a form of bullying.

I remembered writing a blog post where I mentioned that the Philippines can defeat China. I'm not talking about going out on an all-out war against it with an army led by Antonio Trillanes IV and Gary Alejano. Rather, I'm talking about applying Sun Tzu's Art of War in the Philippines in defeating China. What I suggest is to totally remove the 1987 Constitution's negative list COMPLETELY. If the Philippines actually did remove the negative list YEARS AGO COMPLETELY and not just doing amendments like Joseph Estrada and Noynoy Aquino did - think of the benefits that would kick in. Firms from China would be moving to the Philippines too if the country didn't have unnecessary excessive restrictions towards foreign businesses. But no, the excessive restrictions are all still there in the name of protecting local businesses.

Try talking about the Philippines' need for foreign direct investment (FDI) to the average Filipino and be ready to get crazy. You may hear statements going on from "But only foreigners will get rich if you let them invest here!",  that foreign investors are foreign invaders, and the nonsense that OFWs equals the Philippines conquering the world. Just as said why is it that they keep blaming the Marcoses yet they love economic protectionism? The Marcos Years' inflation was contributed not just by the ill-gotten Marcos wealth but also with crony capitalism. How can the prices of goods and services not skyrocket if it wasn't for the restrictions of supply and demand? If they do an economic analysis of the Marcos Years then they will see that the Marcos Years were indeed protectionist. It's all about the problem of backward thinking. It's also attributed to people who only know how to spend money but not how to earn it. Ironic that many of them love imported luxury products while they're against FDI. They're so excited about their Louie Vitton bag from abroad yet they won't allow the same company to invest in the Philippines.

Not to mention the stupidity of bragging about how democratic the Philippines is while it's a protectionist state. Calling Singapore a "tyranny" and maybe believing those arrogant white men who hate East Asian developed democracies? Singapore is still democratic as far as concerned except stricter which leads to it being safer. What's the basis of calling the Philippines a democracy? The dysfunctional sense of freedom that people have nearly similar to the United States of America? I'd say Singapore is more democratic than the Philippines for not having excessive restrictions on FDI. Singapore still has more jobs than the Philippines. Lee Kuan Yew's "dictatorship" brought Singapore to progress. That's why I suggested that Amos Yee should be hired by Kayabangan Partylist as their next speaker. If the Philippines wants to be a bastion of democracy then I suggest it should start by removing FDI restrictions and all the red tapes for a start.