Name: Malaysia Made China Give Discount on Belt and Road | Mahathir Mohamad vs CCP | China Uncensored
Uploaded: 2021-06-30T13:54:53.000Z
Duration: 9 min 44 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

A country that's truly...what's the word for it?

Talk about a songwriter reaching for the low-hanging fruit.

Not so for Malaysia's Prime Minister Mahathir Mohamad.

for being the world's oldest Prime Minister.

And that's a record he's likely to hold onto for a while.

is run by an immortal artificial intelligence.

On the plus side, I'll have also been upgraded by then.

But the real reason to keep an eye on this 93-year-old

at least when it comes to China's Belt and Road.

The Belt and Road Initiative is the massive infrastructure plan

to build trade corridors between China and the rest of the world.

That's because it has been a convenient way

for the Chinese regime to saddle some small countries

The poster child for this is of course, Sri Lanka.

When dolphins and whales swim around you all year,

and then have to give the port to China on a 99-year lease,

of falling into China's debt trap is long.

But then came Malaysian Prime Minister Mahathir Mohamad.

he right away suspended 22 billion dollars worth of

He also scrapped three China-backed pipeline projects

China Communications Construction Company—

for a price tag of nearly 20 billion dollars.

But he still wanted some of the infrastructure.

So he re-negotiated the price of the East Coast Rail Link—

from $20 billion to down to only about $11 billion.

Because the “economics of the original deal

As Mahathir's office said in a statement,

“This reduction will surely benefit Malaysia

and lighten the burden on the country's financial position.”

Yeah, it's a *bit* lighter of a burden now.

I wonder if the same negotiating strategy

Anyway, given Malaysia's crushing debt load,

everyone thought that Malaysia was around

Malaysia was actually $250 billion in debt.

I spoke with investigative journalist Clare Rewcastle Brown—

She says the previous prime Minister, Najib Razak,

after he'd allegedly stolen around 700 million dollars.

to help you fill a 700 million dollar hole.

“What happened, because of Najib's financial difficulty,

he nearly dropped his rich and independent country

Subtitles ListPlay Video

Malaysia Made China Give Discount on Belt and Road | Mahathir Mohamad vs CCP | China Uncensored

episode

massive

awesome

strategy