‘We need to tread carefully with China’ - says shipping firm | Business and Politics

The Manila Times
The Manila Times
  • 9 months ago
‘We need to tread carefully with China’ - says shipping firm | Business and Politics

Patrick Ronas, president and CEO of Mstar Ship Agencies Inc. and Association of International Shipping Lines (AISL) says that around 70 percent of goods that are shipped and imported to the Philippines are from China, from raw materials to food. He says that the country must be careful, as the local economy is closely intertwined with the manufacturing giant.

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