Malaysia committed to being part of China’s Belt and Road initiative, says deputy minister | Malay Mail

PublishedDeputy Minister of International Trade and Industry Ong Kian Ming speaks during a forum on China’s Belt and Road initiative in Kuala Lumpur March 8, 2019. — Picture by Yusof Mat Isa

However, Ong said despite BRI’s positive achievements, concerns over debt, sustainability and transparency had arisen among participating countries. However, Ong said it would be unfair to place the blame of the debt incurred as a result of BRI-related projects solely on the Chinese parties involved.

Meanwhile, Standard Chartered Asean and South Asia chief economist Edward Lee said Malaysia was set to benefit from the BRI, especially in the commodities, chemicals and plastics, and the electrical and electronics sectors.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malaysia committed to be part of China’s Belt and Road initiative, says deputy minister | Malay MailKUALA LUMPUR, March 8 ― Malaysia continues to welcome the Belt and Road Initiative (BRI) and investments from China, says Deputy International Trade and Industry Minister Ong Kian Ming.  He said this was despite the review of China-backed projects such as the East Coast Rail...
Source: malaymail - 🏆 1. / 86 Read more »

Malaysia committed to be part of China’s Belt and Road initiative, says deputy minister | Malay MailKUALA LUMPUR, March 8 ― Malaysia continues to welcome the Belt and Road Initiative (BRI) and investments from China, says Deputy International Trade and Industry Minister Ong Kian Ming.  He said this was despite the review of China-backed projects such as the East Coast Rail...
Source: malaymail - 🏆 1. / 86 Read more »