atans1

Asean “No friend” China, Trump triumphant

In Indonesia, Malaysia on 26/10/2018 at 4:21 am

In August, M’sia’s PM when in China cancelled several multi-billion dollar projects, including the East-Coast Rail Link and two gas pipelines, talking about runaway costs and affordability.

Less noisily, Burmese officials announced in June that they are reviewing and trying to revise down costs for a US$9bn China-backed port. And there’s more: Indonesia, Bangladesh and Thailand have quietly turned away Chinese financing for new ports, rails and plants. According to Fitch Solutions, this year alone, nearly 38 projects have been cancelled or suspended, up from just 12 in 2016.

Looks like no Belt for Xi’s Road and Belt dream.

Trump must be happy.

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  1. China showed its hand in Sri Lanka & many countries didn’t like what they saw.

    That’s why it’s more important to see behavior rather than listen to words or speeches.

    Applies to PAPies, investments, oppo, Trump, Xi, geopolitics, bosses, management, colleagues, friends, family etc.

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