Dr Mahathir calls for China’s help with fiscal problems


  • Nation
  • Monday, 20 Aug 2018

BEIJING (AFP): Malaysian Prime Minister Tun Dr Mahathir Mohamad called on China’s top leadership Monday to help solve his country’s fiscal problems, as he tries to revise major Beijing-backed projects signed under his scandal-plagued predecessor.

The 93-year-old leader, who returned for a second stint as premier following a shock election win in May, has railed against a series of deals struck with Chinese state-owned companies by the administration of toppled leader Datuk Seri Najib Tun Razak.

His government has suspended China-backed projects worth more than US$22bil, including a major rail link, and Dr Mahathir had pledged to raise the issue of what he views as unfair terms related to some of the deals on his five-day trip.

During a press conference with Premier Li Keqiang at Beijing’s Great Hall of the People, Dr Mahathir thanked China for agreeing to increase imports of speciality agricultural products, such as durian.

But even as he welcomed the agreements, Mahathir also said he expected more from the world’s second-largest economy.

”I believe that China will look sympathetically towards the problems that we have to resolve and perhaps help us in resolving some of our internal fiscal problems,” he said.

Dr Mahathir, who is expected to meet President Xi Jinping Monday afternoon, also warned that wealthy countries should not use their riches to take advantage of less developed nations.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Malaysian professor honoured by Hungarian university for advancing exercise medicine
Johor-Singapore RTS over 70% complete, says Transport Minister
KKB by-election: Slander will only hurt Indian community, says Ramanan
Najib Razak did not instruct US$1.03bil 1MDB fund transfer, court told
Anwar wants more women in top civil service posts
Over 3,000 compounds were issued during Ops Hari Raya Aidilfitri in Melaka
MCA and Fujian to forge stronger ties for mutual prosperity
US academician's claim visiting Malaysia refuted by travel advisory
Fahmi shares moment 'Gol & Gincu' met 'Litar & Lumba'
A HEART for deserving cases: Private teaching hospital teams with Health Ministry on affordable healthcare

Others Also Read