Malaysia to gain from cancellation of controversial China projects

PETALING JAYA: It could be a case of short-term pain for long-term gain if Malaysia decides not to be fully part of China’s Belt and Road Initiative (BRI) by cancelling some of the more controversial China-backed infrastructure projects.

Experts believe that the cancellation of the RM55bil East Coast Rail Link (ECRL) and two gas pipeline projects – the Trans-Sabah Gas pipeline and the Multi-Product Pipeline –could result in lower gross domestic product (GDP) growth and trade and investments.

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