Mike Wootton
Mike Wootton

Well, the Philippine economy is certainly consumption driven, to a fault it seems and what is more the government pundits boast about it—well in the Philippines it is not something to boast about. China is trying to get their economy more consumption driven but the Chinese won’t spend money—the “savings bug” will be with them for a long time yet. Of course, there is nothing much easier than spending money in one of the many glittery shopping malls that continue to mushroom all over the place. Like the United Kingdom’s High Streets, they all have much the same outlets in them but occasionally you see something different, then you go back to have another look, and “poof” it’s gone! Something “a bit different” tends not to last too long around here.

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