Lead Story

  • Malaysia / 1 hour ago

    After Malaysia’s ECRL win, China set to field more ‘debt trap’ allegations at Belt-Road forum

    After Malaysia’s ECRL win, China set to field more ‘debt trap’ allegations at Belt-Road forum

    KUALA LUMPUR, April 24 — Beijing is bracing for accusations that its Belt-Road Initiative (BRI) projects abroad are Trojan horses for so-called debt traps when 37 partner nations converge for a forum on the ambitious geopolitical plan this week. Malaysia’s recent renegotiation of the East Coast Rail Link (ECRL) with China that resulted in a RM21.5 billion reduction is being seen as a planted flag for emerging economies that have accepted the superpower’s aid to develop infrastructure....

Top News in Malaysia

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