Kuala Lumpur has pitched an East Coast Rail Link extension stretching to Kunming via Thailand and Laos.
KUALA LUMPUR - Premier Li Qiang touches down in Kuala Lumpur on June 18 in a visit marking half a century of bilateral ties that has seen China dominate as Malaysia’s top trading partner for the past 15 years.
Yet, one event on the agenda could prove a bright spark. What appears to be a run-of-the-mill photo opportunity on June 19 could mark a potential boost for a signatureMalaysia’s foreign ministry said Premier Li will attend a “ground-breaking ceremony” at the Gombak construction site of the, which is being built by a Chinese firm with funds from a Chinese bank. This, despite the 665km cross-country line being already two-thirds complete.
“Thailand wants China’s help for the land bridge but we are suggesting to both Beijing and Bangkok that an ECRL extension is more cost-efficient and benefits everyone instead of a zero-sum game,” a Malaysian government official told The Straits Times on condition of anonymity ahead of the premier’s visit.
“The cost was very high and not a necessary project. The contract was given to a Chinese company, the workers were from China, the finance was from China. Everything was from China, to the point where the profit was declared in China, so we don’t even collect tax,” he said in an interview with The Straits Times in May.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Beijing says Taiwan politics don't change 'fact' there is 'one China'BEIJING: Beijing said on Monday (May 20) that Taiwan's internal politics did not change the "fact" it is part of China, warning that efforts towards the island's independence were a "dead end" after it swore in
Read more »
Marcos sets ‘red line’ with Beijing over South China SeaManila and Beijing have had heated stand-offs over their competing claims in the South China Sea.
Read more »
Ukrainian official in Beijing urges China to attend peace summitUkraine's first deputy foreign minister visited China on Wednesday and urged it to send a delegation to a planned summit on Ukraine this month in Switzerland, in the apparent hope it was still possible to persuade China to attend.
Read more »
Australian wine exports to China rocket after Beijing drops tariffsCANBERRA: Australian wine makers shipped wine worth A$86 million (US$57 million) to China in the month after Beijing lifted tariffs and should be confident of bumper sales going forward, the trade minister said on Wednesday (Jun 12).
Read more »
Philippines’ Marcos says US presence crucial to regional peaceTensions have escalated between Manila and Beijing following recent skirmishes in the South China Sea.
Read more »
China dismisses Taiwan's concerns after man arrested on river leading to TaipeiBEIJING: China's government said on Wednesday (Jun 12) that a
Read more »