projects: Earlier this month, Malaysia's government announced it would resurrect two China-linked projects the East Coast Rail Link and the Bandar Malaysia project, a multibillion-dollar property and transportation project in Kuala Lumpur, according to Global Times China. If Malaysia really ran the risk of being caught in China's web and falling into a debt trap with China-linked projects, why would it resume those China-linked projects Malaysia isn't stupid. Some US observers may try to provoke anti-China sentiment in Malaysia, but those people are going to be deeply disappointed by the result. In any case, the independent sovereign state won't sacrifice its own interests. Malaysian Prime Minister Mahathir Mohamad was quoted by media reports as saying that the project is expected to have a tremendous impact on urban development in Malaysia. The Bandar Malaysia project has an estimated cost of 140 billion ringgit 34 billion according to media reports, imposing a debt burden on the Southeast Asian country, but this doesn't represent the entirety of the project.
(news.financializer.com). As
reported in the news.
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