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We understand, China firm says after Putrajaya scraps pipeline projects

  • Sep 12, 2018
China Petroleum Pipeline Engineering Co Ltd acknowledges the government's move to scrap the MPP and TSGP projects based on economic and financial reasons.PETALING JAYA: The contractor of several China-backed pipeline projects in Malaysia today acknowledged the government’s decision to scrap the ventures, adding that it would continue to discuss fair and equitable compensation with Putrajaya.Referring to the move to cancel the Multi-Product Pipeline (MPP) project, the Trans-Sabah Gas Pipeline (
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Height of Kuantan's 'Great Wall of China' to be lowered

  • Sep 5, 2018
Alliance Steel (M) Sdn Bhd has agreed to lower the height of the concrete wall encompassing the Malaysia-China Kuantan Industrial Park (MCKIP) to 1.8m, says Deputy International Trade and Industry Minister Ong Kian Ming.Cynically dubbed by locals as Kuantan's "Great Wall of China", the new plan for the 9km-long concrete wall will be submitted to the Kuantan Municipal Council (MPK) for approval."Currently, the wall stands at about three metres, and what they've agreed on is to submit a new plan t
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'Invest in China, get free condo' - Putrajaya’s gripe with Forest City

  • Sep 2, 2018
Putrajaya's gripe with the Forest City project is that free residential units within the development are being offered in exchange for investments in China, according to Economic Affairs Minister Mohamed Azmin Ali.Azmin said this in stressing the need for people to understand why Putrajaya is reviewing the Johor development specifically."What happened was the transaction was not done in Johor or Malaysia."There is... this special programme where if you invest a certain amount of money in China,
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Can bumis compete with new wave of China nationals, asks PM

  • Sep 1, 2018
KBN CONGRESS | Prime Minister Dr Mahathir Mohamad today questioned whether the bumiputera will be able to compete with a new wave of skilled and business-savvy entrepreneurs from China making their way to Malaysia.Speaking during a dialogue session on bumiputera economy, Mahathir said the new wave of immigrants will be unlike early Chinese settlers in Malaysia – who were then mostly involved in small businesses, and whose children have now gained control of major developments in the cities."Th
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Tan Kok Wai: I am special envoy to China, minister can call me

  • Aug 31, 2018
DAP chairperson Tan Kok Wai has reaffirmed news reports that he is Malaysia's special envoy to China, rebutting Foreign Minister Saifuddin Abdullah's claim otherwise.Tan said his appointment letter was signed by Prime Minister Dr Mahathir Mohamad and Saifuddin could call him to clarify the matter."The PM signed my appointment letter, which states that I am confirmed to be special envoy to China and Malaysia-China Business Council (MCBC) chairperson."If he (Saifuddin) doesn't know, he can clarify
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Mahathir wants to see Kuantan's 'Great Wall of China' come down

  • Aug 23, 2018
INTERVIEW | Prime Minister Dr Mahathir Mohamad would like to see the walls surrounding the Malaysia-China Kuantan Industrial Park (MCKIP) go down - both literally and figuratively.In a special report last year highlighted the approximately nine-kilometre long wall surrounding the industrial complex, which locals have described as Kuantan's "Great Wall of China" around a "closed city".Mahathir, in his first interview after returning from China, said he is seeking to reassert Malaysian authority o
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Dr M seeks to leverage on 'stupid' US-China trade war

  • Aug 23, 2018
The US-China trade war has sparked fears of a global recession but Prime Minister Dr Mahathir Mohamad believes that there could also be opportunities for Malaysia.In a wide-ranging interview on international issues with Thai public broadcaster ThaiPBS, Mahathir acknowledged that the trade war had adversely impacted Malaysia, but noted that there were also advantages."There are also certain benefits because the loss of the Chinese market by America means some opportunities for us."The American in
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Dr M: Unwise to fight China, notes US habit to provoke Beijing

  • Aug 23, 2018
Prime Minister Dr Mahathir Mohamad said it was unwise for Asean, including Malaysia, to take a confrontational stance against China.Mahathir said Asean countries may protest China's claim over the South China Sea, but the superpower can easily ignore them."That is why Malaysia has a slightly different attitude towards this. We accept that China is a powerful nation and we cannot go to war with China."So we need to have some diplomatic ways of negotiating with China," he said in an interview with
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Malaysian PM says China-financed projects canceled

  • Aug 21, 2018
Malaysian Prime Minister Mahathir Mohamad, center, speaks to Chinese President Xi Jinping.BEIJING (AP) — Multibillion-dollar China-financed projects in Malaysia have been canceled because they aren't needed and will saddle the country with an unsustainable amount of debt, Malaysian Prime Minister Mahathir Mohamad told reporters on the final day of a visit to Beijing on Tuesday.Mahathir told Malaysian reporters that both Chinese President Xi Jinping and Premier Li Keqiang understood the reasons
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M'sia, China ink joint venture to produce palm oil-based products

  • Aug 21, 2018
On the last day of his visit to China, Prime Minister Dr Mahathir Mohamad today witnessed the signing of a memorandum of understanding (MOU) between Sime Darby Plantation Berhad and China National Cereals, Oils and Foodstuffs Corporation (Cofco).Cofco, one of China's state-owned food processing and agriculture supply chain company, will be working together with Sime Darby in a joint venture to set up plants in Malaysia to produce palm oil-based products for the Chinese market.The signing of the
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