No Pick of the Week for Wk20: Turmukesh was in China for Work / Official Business

I did not trade the whole week, but a little of my sell point previously set was hit.

Ive been going to various part of this Capitalist-Communist mongrel of a country twice a year, and every visit I become more and more convinced that we have a long, long way to go before declaring ourselves the next developed Asian country.

It's very obvious that we need to fix the bureaucracy in our government, install better managers, and do effective infrastructure and city planning even before we really get to leap frog or even sustain 7+% growth rate year on year.

Can we build the many bridge options and wide roads? Can we convince the offices to move out of Manila in favor of Sta. Rosa and other many Makatis of the South, North, et al?

Can we have the political will to use cheap nuclear power?

The Filipino craftsmanship can compete, but China's level of automation has reached a level very high, even in job-shop industries.  

We have a big gap to close. We need good managers in the government. Good managers, each with protected integrity.