Najib Abdul Razak has been reported by Malaysiakini to ask why China FDI (Foreign Direct Investment) is a big issue when Japan's FDI is bigger than China's FDI.\https://www.malaysiakini.com/news/409655
Really? Japan's FDI is greater than China's FDI? I don't have direct information but I do clearly remember that China's FDI are not really Foreign Direct Investments but loans from China. And not only loans, it had been reported that these so called FDI are loans for unsustainable projects such as the ECRL (East Coast Rail Link) which is financed by China but creating huge debts for Malaysia, and it is reported that Malaysia will have problems servicing the loan from only the earnings from the ECRL.
No comments:
Post a Comment