The Philippines rounded out a lackluster November performance for exports from Asia. A 0.7% dip in exports from the Philippines compared to a 0.3% rise in the prior three months, largely down to a drop in growth of semiconductors to 2.2% from 8.9% in November. That may be another sign of China building its market share in semiconductor and circuit production – China’s exports of the two jumped 34.8% higher year over in December compared to a 24.7% improvement in November. Overall, exports from Asia fell by 2.7% year over year in November – the fourth straight decline. Evidence from Decem...