‘We like rich partners’: Malaysia’s Mahathir heads to China for fence-mending trip
Visits to Alibaba, Geely and drone maker DJI are on the cards as the Malaysian leader attempts to soothe Chinese concerns over the US$20 billion worth of Beijing-linked deals suspended since he came to power
Some US$20 billion worth of Beijing-linked infrastructure contracts have been suspended since Mahathir swept to power three months ago over concerns that his predecessor, the scandal-tainted Najib Razak, had endorsed them despite what critics say were “lopsided” terms.
Mahathir’s date in Beijing shows China ‘can’t be ignored’ by Malaysia
The government has said the projects may be scrapped if the Chinese contractors do not cut prices drastically.
Beijing has said the matter is between Malaysia and the Chinese companies.
The veteran leader said in an interview with Xinhua published on Thursday that he hoped to “learn about Chinese programmes or plans for Southeast Asia, including Malaysia” during the trip.
He lauded China’s rapid economic development.