Former top ally of past Malaysia govts, MCA turns to business matchmaking with China to stay afloat

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الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

But MCA's efforts may not be as effective as hoped, as its political influence continues to wane.

KUALA LUMPUR – After nearly two decades of dwindling political influence, the once-mighty Malaysian Chinese Association seems to have returned to its roots as a business chamber by hosting a Malaysia-China forum on Dec 2.

Today, although BN and the MCA are members of Malaysia’s governing coalition, the government is fronted by Prime Minister Anwar Ibrahim from Pakatan Harapan , and not BN. MCA’s political heyday was in 2004, when it won 31 seats in Parliament and had four federal ministers, eight deputy ministers and four parliamentary secretaries.

“As Malaysia deepens its ties with China, it is natural for some to view China’s involvement as a potential challenge. But China is not a threat; it is an opportunity,” Datuk Seri Wee told 700 participants from 14 countries in the welcoming speech on Dec 2. “I personally would like to thank Mr Wee for putting his personal efforts to attract US$3 billion in investments by 30 Chinese companies into the dedicated halal industrial zones in Pahang and Perak in Sept 2024,” Mr Zahid said at the WAPC dinner.

The party in 2014 established an interparty relationship with the Communist Party of China, becoming the first foreign political party to support CCP general secretary Xi Jinping’s ambitious Belt and Road Initiative global trade strategy.

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الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

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