Mainland China is yet to make a major dent on the country’s overall investment landscape. Japanese investment increased by 23.79%, from an already large base of $490 million (PHP 25.43 billion) in 2016 to $600 million (PHP 31.48 billion) in 2017. American investment was down by 69.62% (a 13-year low), from $530 million (PHP 27.51 billion) in 2016, but still stood at a high $160 million (PHP 8.357 billion). South Korean investment, however, virtually collapsed, down by 92.61% from a high of $230 million (PHP 11.82 billion) in 2016 to only $16.6 million (PHP 873.15 million) in 2017. In contrast, China investment expanded by 15%, but from a very low base of only $27 million (PHP 1.40 billion) in 2016 to $31 million (PHP 1.61 billion) in 2017.

Source: Forbes March 26, 2018 00:56 UTC