China's Economy is Slowing Down

Chinas slowing economy opens an opportunity for other small countries. Philippines as one may take this instances as advantage to boost economic activities.

On a business week report, MIS (Moody’s Investor Service) states that most countries rely on export products from China. But for Philippines, trading with china is not so strong as compared to other countries in Asia. 

  

The good news was that, Chinas economic slowdown will not affect Philippines overall economic activity. And by looking at the graphical trading graph, it will illustrate how Philippine exports to china diminished. This is based from a report released by the association of Asian nations (AAN).

Chinas trading with Philippines already declined since 2003 from 12.2 percent down to 7.3 percent of overall trading activities.  With this it will help Philippines correct its economic weaknesses. 

Moody’s said that Chinas self reliant on domestic consumption for its economic support affects its monetary fund’s by 7 percent, citing this instances to be a potential risk in credit buildup but slowing down its construction.