With a GDP of more than $8.2 trillion, making it the second largest economy in the world, China’s initial aid to the storm-ravaged Philippines was a measly $100,000.
In comparison, the U.S. is sending $20 million, the U.K. $16 million, Japan $10 million, New Zealand $1.7 million, and the Vatican $4 million.
A dispute over the South China Sea, which has pitted the Philippines against China, has soured relations of late. After the outcry, Chinese state media said Beijing will be sending an additional $1.64 million in supplies. Read more at Time.
{Andy Heller-Matzav.com Newscenter}
Whenever I can, in my business and my personal purchases, I look to source products from countries other than China. That’s it! Anything But China (simple as “ABC”).
China has no spending limit on their own opulence but the neighbors can eat the brickyard it seems. I think that China is going to have to check its own community status if it wants to have a better unified commercial value. I suppose there will be fewer chinaman in the Philippines for the future and to think of trade and influence, we will not see a panda bear china run into the panda bear of life.
Such is the fate of the world.