Hollow economy and fundamental flaws checking us
COMMENT Allow me to share with you a Blindspot moment here: not many may have taken note that in 2014, 29.1 percent of our total imports were in the form of electrical and electronic (E&E) products. The same year, 35.7 percent of our total exports were also E&E products. What is actually going on here?
Well, simply put, our economy is kind of hollow.
We import cheap components from China, assemble it locally and export the finished products.
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