https://sg.news.yahoo.com/malaysian-pm-mahathir-says-china-backed-rail-pipeline-051558586.html
This old man cannot get neither get any concession nor any goodies (coffee money) from China and has to cancel China backed projects. Malaysia has to pay cancellation fees as penalties because of Mahathir's foolishness.
Mahathir doesn't understand that the strategic importance of Malaysia especially the Strait of Malacca has diminished because of the Arctic sea lane. He thought he could bargain with China but he was dead wrong.
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1 comment:
This cancellation is definitely a good news for SG because, without the ECRL, the Melaka Gateway will become a white elephant as China won't be using the Malacca port as a transhipment hub to unload and reload from Malacca to Kuantan port.
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