The Straits Times
Malaysian Parliament s first sitting in 2021 leaves little room for debate
Sultan Abdullah Sultan Ahmad Shah speaking at the 14th parliamentary session in Kuala Lumpur on May 18, 2020.PHOTO: AFP
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Malaysian Parliament s first sitting this year leaves little room for debate
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Reuters
A solar power company from China has agreed to invest $10 billion in Malaysia over 15 years, as Chinese firms look to Southeast Asia to expand production and avoid “obstacles” put in by Western countries, a business leader said Friday.
Chinese firms favor doing business in Southeast Asia over countries in other corners of the globe because of synergy with Beijing’s One Belt, One Road (OBOR) projects in the region, said Tan Yew Sing, president of the Malaysia-China Chamber of Commerce.
“China is keen to work in Malaysia because the United States and Western countries are putting more obstacles for China to invest there. They are looking into ASEAN countries, the Middle East, and Africa,” Tan told BenarNews, an RFA-affiliated online news service, referring to the Association of Southeast Asian Nations.