Monday, May 15, 2017

Republik Rakyat Tanah Melayu,where PM Najib takes instructions from President Xi,and the Malaysian Chinese Association leads talks with the CPC....

by Ganesh Sahathevan 




MCA president Datuk Seri Liow Tiong Lai said in Septmeber 2016 that MCA was at the forefront of spurring cooperation between Malaysia and China in the context of Belt and Road Initiative through a series of activities such as cadre training, seminars and dialogues.He has gone on to have meetings with Song Tao, head of the International Liaison Department of the Central Committee of the Communist Party of China (CCP).


This writer realises that many may take offence, but there is no other way of reading this latest comic sequence  of the ongoing 1MDB theft, reported by none other than the Malaysian Chinese Association's The Star:


Bandar Malaysia may see more changes to its equity structure – which may include the return of its original master developer IWH-CREC – after Prime Minister Datuk Seri Najib Tun Razak met with Chinese leaders in Beijing.
“Chinese Prime Minister Li Keqiang told Najib that China hopes the deal on Bandar Malaysia stays unchanged. Najib may have to take the Chinese wishes into consideration,” said a government source in Beijing.

And before anyone gets too hot under the collar, recall that it was not too long ago when  if anyone , let alone the MCA , had even suggested this ,ISA detention would have followed with immediate effect:
Liow said MCA was at the forefront of spurring cooperation between Malaysia and China in the context of Belt and Road Initiative through a series of activities such as cadre training, seminars and dialogues.
“We have also set up the MCA PRC Affairs Committee to promote and monitor the progress of the Belt and Road,” he said.


Given the above, and keeping with Malay tradition, a return to the former name ,Persekutuan Tanah Melayu; Jawi: ڤرسكوتوان تانه ملايو),is appropriate,only that it should now read,Republik Rakyat Tanah Melayu

END






References 
Monday, 15 May 2017

Glimmer of hope for IWH-CREC

 
PETALING JAYA: Bandar Malaysia may see more changes to its equity structure – which may include the return of its original master developer IWH-CREC – after Prime Minister Datuk Seri Najib Tun Razak met with Chinese leaders in Beijing.
“Chinese Prime Minister Li Keqiang told Najib that China hopes the deal on Bandar Malaysia stays unchanged. Najib may have to take the Chinese wishes into consideration,” said a government source in Beijing.
The Finance Ministry announced on May 3 that it had called off a deal to sell a 60% equity stake in Bandar Malaysia to a consortium comprising Iskandar Waterfront Holdings Sdn Bhd (IWH) and China state-owned China Railway Engineering Corporation (CREC).
The reason given was that IWH-CREC had defaulted on payments.
Describing the unilateral deal cancellation was “unacceptable”, the consortium said the move “runs contrary to the conduct of the parties in progressing the share sales agreement (SSA) towards its completion”.
The SSA, inked in December 2015, was worth RM7.41bil then.
The consortium was to be the master developer of Bandar Malaysia that will house the main terminus of a planned high-speed rail linking Kuala Lumpur to Singapore. The China Railway group has said it will bid for the RM60bil project.
Though IWH-CREC has indicated it is still keen on Bandar Malaysia, news reports have emerged that Malaysia is courting Dalian Wanda Group, China’s largest property and entertainment group.
Najib, who is in China to attend the Belt and Road Forum for International Cooperation, visited Wanda headquarters on Saturday morning and then called for a joint press conference where he heaped praises on Wanda.
It seemed then that IWH-CREC could write off Bandar Malaysia.
Meeting the Malaysian press at Sofitel Wanda Beijing Hotel, China’s richest man and Wanda chairman Wang Jianlin said the investment in Bandar Malaysia would be huge as it is now worth US$10bil (RM43.4bil).
“While we have not reached an agreement ... Wanda has confidence in Malaysia and its future prospects. We are willing to share our experience with Malaysia to build a one-of-its-kind mega integrated cultural and tourism project,” he said.
Najib voiced confidence that Wanda would take up the offer to participate in Bandar Malaysia and that he would announce the details “when the time comes”.
“We believe Wanda Group is in a position to deliver something extraordinary, something so imaginative that we can create Bandar Malaysia as something that all Malaysians and the region can be proud of,” Najib said.
But later in the evening after Najib held meetings with Li and President Xi Jinping, it seemed there was a glimmer of hope for IWH-CREC to be in Bandar Malaysia.
Najib said then that the formula for equity stakes in Bandar Malaysia would be changed and that foreign participants would not be just Dalian Wanda Group alone.
“We will take into account the position of CREC and other groups that are interested, including Wanda,” he said.
According to one Malaysian official who is in the Prime Minister’s entourage to Beijing, the change in Najib’s stance came after a meeting with Li.
“They met after the Wanda event. In his speech, Li made clear China’s wishes on Bandar Malaysia.
“Now the possible scenario is: IWH-CREC, Wanda and the Malaysian Government will jointly develop Bandar Malaysia.
“But the equity stake of IWH-CREC could be smaller,” said the official.
Li and Xi had reiterated China’s interest in the KL-Singapore High-Speed Rail, Najib said.
The Saturday evening statement by Najib is seen as telling the Chinese leaders their wishes are being taken into consideration in the revised formula for Bandar Malaysia.
China, which has often said it treats Malaysia as a close friend, has responded to Najib’s call for help many times.
In 2015, when the local economy was battered by the outflow of foreign funds, China came in to buy up energy assets of 1MDB and the Bandar Malaysia stake – both seen to be above market price.
It also supported the ringgit by buying Malaysian government bonds.
Last November, when Najib asked China to import more Malaysian palm oil, Xi agreed.
Palm oil prices rose after China’s pledge. In the first three months of this year, its purchase of palm oil doubled.

The MCA’s dangerous dance with the CCP

May 14, 2017
Allowing the Central Committee of the Communist Party of China to embed itself into Malaysia's political framework undermines our nation’s security and compromises our political process.
COMMENT
liow-ccp-1
By Dennis Ignatius
Prime Minister Najib Razak is currently in China to attend the “New Silk Road Summit” hosted by President Xi Jiping. The summit, which began on Friday, brings together 28 heads of state/government and representatives from over 80 countries to discuss President Xi Jiping’s flagship “One Belt, One Road” (OBOR) initiative.
While the attention of many Malaysians will understandably be focused on how the unravelling of the Bandar Malaysia project will play out and what it might mean for the future of Malaysia-China relations, something equally important will be taking place with much less fanfare: the meeting between Transport Minister Liow Tiong Lai (who is accompanying the Prime Minister) and Song Tao, head of the International Liaison Department of the Central Committee of the Communist Party of China (CCP).
The minister, who is also president of the Malaysian Chinese Association (MCA), was quoted in a local report as saying that he was keen to strengthen the MCA’s cooperation with the CCP in matters involving “culture, education and cadre training” as well as “extending such cooperation to the business front.”
Party-to-party ties
Taking advantage of the burgeoning ties between Malaysia and China, the CCP has quietly sought to augment state-to-state relations with Malaysia with even closer party-to-party ties with the MCA.
The MCA, for its part, has eagerly reciprocated the CCP’s overtures in the hope that China’s political endorsement and support might help it regain the confidence of Malaysian Chinese voters who, in the last elections, punished the party severely for being too subservient to Umno.
It is nothing short of rank dependence upon a foreign power to achieve domestic political goals and is a measure of just how desperate they are.
Political involvement
In keeping with this new relationship, CCP representatives now attend the MCA’s annual meetings while PRC diplomats increasingly accompany MCA politicians when they visit their constituencies or meet with local Chinese trade and business associations.
The PRC diplomatic mission here openly encourages Malaysian Chinese to support both the MCA and the Barisan Nasional (BN) government. Indeed, the PRC ambassador is on record as saying that Malaysian Chinese must support the MCA if they wish to have a voice in Cabinet, ensure strong ties between Malaysia and China and benefit from PRC projects and business opportunities.
Such open interference in domestic politics is, of course, contrary to both diplomatic practice as well as China’s oft-repeated promise of non-interference in the internal affairs of other countries. It would never have been tolerated in the past but such is China’s influence in Malaysia today that the government now turns a blind eye to it.
The MCA is also the main propagandist for the OBOR initiative through its Belt and Road Centre (Mbrace) and does more to promote it in Malaysia than even the Chinese embassy itself. At last count, the MCA helped recruit 46 Chinese guilds and associations to endorse the OBOR initiative and mobilise local support for it.
In addition, the MCA has set up a PRC Affairs Committee to promote relations with China, prompting one opposition MP to remark, with some justification, that the MCA appears to be “acting as an agent of China.”
Cadre training
Cooperation and fraternal ties between the CCP and the MCA now seem set to deepen yet further with the inclusion of cadre training. While details are still sketchy, it is well known that cadre training is an essential part of the CCP’s indoctrination methodology.
The CCP is thought to have more than 2900 cadre training schools at all levels where CCP cadres are trained in the party’s ideological struggles and strategies, grassroots mobilisation, and economic and social policies as well as management and administration.
In recent years, the CCP has begun inviting foreign political parties with which it wishes to establish close ties to participate in their cadre training programmes. While the curriculum for foreign participants is slightly different, the objective of influencing and indoctrinating foreign political parties remains the same. Over the longer term, the CCP hopes to build a core of foreign cadres who are sympathetic to, and supportive of, the CCP and its foreign policy and ideological goals.
Given the nature of the CCP’s cadre training programme, one has to wonder why the MCA would want to discuss cadre training with the CCP. And is it consistent with our sovereignty and independence to allow a foreign political party, and a communist one at that, such ingress into our domestic political process?
A threat to our political process
Not since the now defunct Malayan Communist Party (MCP) has a local political party chosen to so thoroughly align itself with a foreign political party and promote the policies of a foreign government in such a manner.
To be sure, China is Malaysia’s most important political and economic partner and we ought to go all out to develop close and mutually beneficial relations with it.
At the end of the day, however, relations with China, as with other countries, is about contributing to national development and strengthening national resilience. Allowing the CCP to embed itself into our political framework undermines our nation’s security and compromises our political process; it should alarm all right thinking Malaysians.
Dennis Ignatius is an FMT reader.
With a firm belief in freedom of expression and without prejudice, FMT tries its best to share reliable content from third parties. Such articles are strictly the writer’s personal opinion. FMT does not necessarily endorse the views or opinions given by any third party content provid

Sunday, 4 September 2016

China biggest player in manufacturing

 
KUALA LUMPUR: China has overtaken the United States and Japan as largest foreign investor in the manufacturing industry in Malaysia in the first quarter of the year, said the Chinese Ambassador to Malaysia.
Quoting statistics from the Malaysian Investment Development Authority, Dr Huang Huikang said Chinese foreign direct investment in Malaysia has reached US$400mil (RM1.6bil) in Q1.
Dr Huang was speaking at the opening of “Belt and Road Initiative: Malaysia-China Business Dialogue” at Wisma MCA yesterday.
MCA president Datuk Seri Liow Tiong Lai welcomed the news, adding that Malaysia had been urging China to correct the investment imbalance between the two, which saw our investment in China amounting to six times that of Chinese investment here.
The dialogue was jointly organised by MCA and the Chinese Communist Party’s (CPC) China Economic Cooperation Centre. It was the second edition following the inaugural dialogue in Beijing in July last year.
Liow said MCA was at the forefront of spurring cooperation between Malaysia and China in the context of Belt and Road Initiative through a series of activities such as cadre training, seminars and dialogues.
“We have also set up the MCA PRC Affairs Committee to promote and monitor the progress of the Belt and Road,” he said.
Liow noted that Malaysia offers peace of mind to Chinese investors with the nation’s political stability, stable legal and economic systems, and sustainable policies.
Malaysia’s strategic location also makes it China’s gateway to Asean, West Asia and South Asia, he added.
Liow said the Belt and Road Initiative, introduced three years ago, looks set to be a game-changer on a global scale by introducing a third global trade axis for Asia, Europe and Africa.
“In the past, global economic and trade hubs have been centred on the Atlantic Trade Axis and Pacific Trade Axis,” he said.
“With trade routes along both land and sea, the Belt and Road’s
Spanning 65 nations over three continents with two-thirds of the world’s population, Belt and Road seeks to enhance connectivity by way of policy, infrastructure, trade, capital and people.
Also present at the opening were MCA deputy president Datuk Seri Dr Wee Ka Siong, CPC Central Committee International Department assistant to minister Li Jun, Associated Chinese Cham­bers of Commerce and Industry Malaysia president Datuk Ter Leong Yap, and Federation of Seven Clan Associations Tan Sri Koo Yuen Kim.
Liow later told a press conference that the two countries’ bila­teral trade goal of US$160bil (RM640mil) by 2017 was a difficult one, judging from the current world economic situation, volatile oil prices and weak ringgit against the US dollar.
“Prime Minister Datuk Seri Najib Tun Razak will be visiting China in October. Hopefully, his visit will reap fruitful results and strengthen two-way trade,” he said.

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