News about China

KUALA LUMPUR (September 6): Vague statements and inconsistent policies by the new government may dent investors’ confidence in Malaysia, said the Malaysia-China Chamber of Commerce (MCCC).

PETALING JAYA (Sept 5): China Communications Construction Co Ltd (CCCC), the contractor of the suspended East Coast Rail Link, is confident that the project – which was called off last month – will be restarted thanks to bilateral talks between China and Malaysia, reported South China Morning Post.

PETALING JAYA (Aug 30): Tun Dr Mahathir Mohamad's objections to the RM410 billion Forest City is not shocking as he had been consistently criticising foreign investments that failed to benefit Malaysia and its citizens, said Foreign Minister Datuk Saifuddin Abdullah.

PETALING JAYA (Aug 30): Defaulted on your obligations? If you are a Chinese citizen, you will not be allowed to stay in starred hotels or indulge in other high-end tourism products once you are put on the Credit Beijing blacklist, reported Beijing Youth Daily.

KUALA LUMPUR (Aug 30): Boustead Holdings Bhd slipped into the red in the second quarter ended June 30, 2018 (2QFY18), mainly due to reduced contributions from plantation, heavy industries and property divisions, as well as after allocation to non-controlling interests and perpetual sukuk holders.

PETALING JAYA (Aug 29): Prime Minister Tun Dr Mahathir Mohamad's public vagueness over the fate of massive China-funded infrastructure projects in Malaysia is meant to help a beleaguered Beijing pummelled by criticisms over its Belt and Road Initiative save its face, reported the South China Morning Post (SCMP).

PETALING JAYA (Aug 29): Chinese daily Global Times has warned that China's public opinion on the Malaysia-China relationship is not “inconsequential” to Malaysia's interest, especially amid news of decisions that appear to antagonise China filtering out of Kuala Lumpur.

KUALA LUMPUR (Aug 28): IOI Properties Group Bhd’s fourth-quarter (4Q) net profit dropped 21.

KUALA LUMPUR (Aug 22): From normal workers to top officials, those involved in the East Coast Rail Link (ECRL) are still in shock over the scrapping of the mega project.

BEIJING (Aug 20): Malaysia and China's friendly long-term diplomatic ties are "far more important than the current problems" between the two nations, said China's Premier Li Keqiang.