The Philippines is currently reassessing the China narrative to attract investments amid the controversies and concerns surrounding the West Philippine Sea (WPS) and Philippine offshore gaming operations (POGOs).
An event, hosted by Miriam College in partnership with Asia Society Philippines and AidData, was held at the Alviera Country Club in Porac on September 18. The aim was to engage in informed discussions about Chinese investments in the Philippines, focusing on their impact, opportunities, challenges, and the narratives that shape public perception.
So, is there an intention to shift the narrative around China to attract more investments in the Philippines? What about the ongoing tension in the WPS? The drugs and crimes associated with POGOs? Shouldn’t we confront these realities first before changing any narrative head-on?
Also, is China reciprocating this effort? Are they actively exploring investments and narratives that promote positive growth in our country? How can we rebuild trust between our nations amidst the tensions over the WPS and the controversies on POGOs?
POGOs were once heralded as a potential economic boon. Chinese investors were once here and there. Years later, it turned out to be more of a burden than a benefit. Over time, it has shown that their contributions to the economy were minimal at best, not to mention the raising of significant national security concerns. It has even prompted both the Senate and the House of Representatives to take a closer look in aid of legislation.
Just last Friday, a “love scam hub” was also uncovered by the authorities from a small-scale business process outsourcing (BPO) company in Angeles City.
There are rumors that POGOs may transition into so-called special class BPOs, concealing their activities behind the guise of outsourcing companies.
Let’s not forget the Chinese maritime militia vessels that are swarming within WPS. The Armed Forces of the Philippines have reported an increased number of these vessels. The Philippine Navy monitored more than 200 in September, based on media reports.
How do we foster a conducive long-term economic cooperation with China when security concerns tied to the WPS, alongside the illegal activities associated with POGOs, create an environment where rebuilding trust becomes an uphill battle? The narrative to shift from tensions and turmoils to transparency and collaboration may seem to demonstrate that the Philippines is ready to risk, “in good faith,” for investments’ sake. Trust is a two-way street.