Business groups condemn ‘harassment’ of PH troops after clash with China

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West Philippine Sea أخبار

Business Groups In PH,Philippines-China Relations,Business

Although tensions in the West Philippine Sea have yet to have direct effects on the economy, it seems businesses are growing concerned about the repercussions of a strained relationship with the Philippines' biggest trading partner

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“We deplore the continued harassment of the AFP , PCG , and most of all, our people who are just trying to earn their livelihood,” the 17 business groups said in a joint statement on Friday, June 21, after another confrontation between the Philippines and China in Ayungin. “We appeal for unity towards a nonviolent resolution that respects our rights as a peace-loving nation,” the statement read.

Meanwhile, China was by far the largest supplier of imported goods to the Philippines, accounting for more than 23% of the country’s total imports in 2023. Indonesia, the Philippines’ second biggest import trading partner, only accounts for 9.1% of imports.

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