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Deficit with China hits $15 2B, or 35% of total PHL trade gap

THE Philippines’s trade with China was the most unfavorable as it yielded a trade deficit worth $15.245 billion in 2021, according to the latest data released by the Philippine Statistics Authority (PSA). The amount represented a hefty 35.27 percent of the country’s trade deficit of $43.23 billion for the whole…

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