News about china

KUALA LUMPUR (Sept 18): China state-owned enterprises’ (SOEs) investments in Malaysia during the previous Barisan Nasional administration were heavily skewed towards the construction sector, which is susceptible to rent-seeking activities, according to a recent report co-authored by the Asian Strategy & Leadership Institute (Asli) and University of Malaya.

LONDON: It is estimated that a whopping £2 billion (RM10.

Country Garden Holdings was founded by a man who literally began building brick by brick (he was a bricklayer) in Guangdong, China.

KUALA LUMPUR (Sept 12): Datuk Seri Anwar Ibrahim (pictured) wants to reassure foreign investors who may have been spooked by the recent scrapping and delay of a few high-profile multi-billion ringgit mega projects, according to a report by Bloomberg.

PETALING JAYA (Sept 7): High demand for housing in China has prompted newly-built or newly-renovated apartments to be put on the market before cancer-causing formaldehyde fumes have enough time to dissipate, reported the BBC.

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.