Feb 7, 2023

Brian Tycangco on outlook for China according to business tycoons from the Philippines

Brian Tycangco: When you are here [in Asia], you don't get the same sense of foreboding that you do when you listen to all these crazy headlines in mainstream media.  I must say everything is not rosy, but everything is not as bad as it seems...  Speaking with some of the biggest tycoons in the Philippines who have a lot of businesses in China, they've always had this great outlook for China.  This is the place to be.  And they don't look at it as "Oh, this is a great place to be just as long as blah, blah, blah, blah."  This is really the place to be.

Dan Ferris: Unconditionally.

Tycangco: When you look at how entrepreneurial they are, you put a Chinese guy anywhere on the planet, they're going to find a way to make money.  They're just so entrepreneurial and resourceful, and most of the Asian economies really are dominated by either Chinese families or families with Chinese linkage.  They [Philippino tycoons] see the dynamic going on here and they see how important China will continue to be, not just to business, but to both stability in the region and just the outlook itself.  I'm not at all getting any signs of alarm from our end.

~ Brian Tycangco, interview with Dan Ferris and Corey McLaughlin, Stansberry Investor Hour, February 6, 2023



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