Mahathir Mohamad, Malaysia’s newly elected prime minister, says he is not anti-Chinese but he does have reservations about loans such as the $13 billion finance for the East Coast Rail Link, where 85% has been lent by Chinese banks. The South China Morning Post calculates that 11 China-backed projects worth a total of $134 billion could face greater scrutiny under Mahathir.
© ChinTell Ltd. All rights reserved.
Exclusively sponsored by HSBC.
The Week in China website and the weekly magazine publications are owned and maintained by ChinTell Limited, Hong Kong. Neither HSBC nor any member of the HSBC group of companies ("HSBC") endorses the contents and/or is involved in selecting, creating or editing the contents of the Week in China website or the Week in China magazine. The views expressed in these publications are solely the views of ChinTell Limited and do not necessarily reflect the views or investment ideas of HSBC. No responsibility will therefore be assumed by HSBC for the contents of these publications or for the errors or omissions therein.