The lower production in the country’s manufacturing sector could be attributed to the ‘less-than-stellar’ demand for electronics products due to the ongoing trade spat between the United States and China, the Management Association of the Philippines (MAP) said.
“The recent decline in manufacturing can be attributed mainly to external factors, in particular the decline in demand for electronic components, which make up over half our exports. This is mainly due to weak China exports due to the trade dispute between China and the US,” MAP President Rizalina Mantaring told The Manila Times.
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