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Philippines’ ‘China-free’ manufacturing strategy is a high-risk bet

Asia-Pacific 1 source 1 country 🔦 Under-reported 54m ago

The Philippines has pursued a manufacturing strategy explicitly designed to be 'China-free,' a move being evaluated as a high-risk bet amid escalating geopolitical tensions.

This economic strategy coincides with heightened friction between Beijing and Manila following a recent incident involving the medical evacuation of a Philippine serviceman from a grounded naval vessel in the Second Thomas Shoal, located within the disputed South China Sea.

Both nations have traded accusations over the event, renewing international concerns regarding the potential for armed skirmishes in this critical global maritime trade artery.

In-depth summary · AI, neutral
Read the full story at the source South China Morning Post · HK ↗
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