Dr M: China agrees to nix ECRL and more

(Source: sg.news.yahoo.com)

Tun Dr Mahathir Mohamad says the East Coast Rail Link and other projects awarded to Chinese firms are cancelled as China’s President Xi Jinping has agreed with Malaysia’s stand. — Reuters pic

BEIJING, Aug 21 — The East Coast Rail Link (ECRL) and other projects the previous government awarded to Chinese firms are cancelled as China’s President Xi Jinping has agreed with Malaysia’s stand, Tun Dr Mahathir Mohamad said today.

The negotiation of compensation and other issues will be handled by government officials and the Chinese companies involved, the prime minister told reporters at the end of his five-day official visit to China.

“I explained to them the projects will not go on because we do not need these and our priority is to reduce debt.

“They (China’s leaders) see our point our view,” Dr Mahathir said.

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More Info: sg.news.yahoo.com

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