Malaysian Prime Minister Mahathir Mohamad Calls For China's Help With Fiscal Problems
Rukhshan Mir (@rukhshanmir) Published August 20, 2018 | 12:08 PM
Malaysian Prime Minister Mahathir Mohamad called on China's top leadership to help with his country's fiscal problems Monday, as he seeks to revise major Beijing-backed projects signed under his country's scandal-plagued former regime
Beijing, (APP - UrduPoint / Pakistan Point News - 20th Aug, 2018 ) :Malaysian Prime Minister Mahathir Mohamad called on China's top leadership to help with his country's fiscal problems Monday, as he seeks to revise major Beijing-backed projects signed under his country's scandal-plagued former regime.
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 Najib Razak.
His government has suspended China-backed projects worth more than $22 billion, including a major rail link, and 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 Chinese Premier Li Keqiang at Beijing's Great Hall of the People, Mahatir thanked China for agreeing to increase imports of specialty agricultural products, such as durian fruit.
But Mahatir also said he expected more from the world's second largest economy.
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