Marcos-Duterte clash upending Philippine economy, too

Marcos-Duterte clash upending Philippine economy, too

As the Philippines cuts this year’s growth target from the 8% to the 6% range, President Ferdinand Marcos Jr. can’t point the finger at Donald Trump’s trade war or Chinese deflation. The real culprit is chaotic local politics. Events from Washington and Beijing are surely taking a toll. But mostly it’s the “Game of Thrones” dynamic between […] The post Marcos-Duterte clash upending Philippine economy, too  appeared first on Asia Times.