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Dealing with China....ECR and others

qqq3
Publish date: Sat, 02 Jun 2018, 05:01 PM
qqq3
0 148
"people want to invest, they want to be successful.......they need to have big dreams, and grit....and of course, knowledge and mind set."

The trouble with China......While they have their own anti corruption campaigns in China, they go round the world bribing every dictator and corrupt official, ......This as their standard operating procedure.....and therefore become a curse for the rest of us.

 

In the case of ECR, as Mahathir stated, the terms are very strange......payments are based on a fixed schedule irrespective of work done.

 

It has now been confirmed that up to $ 20 billion has been released direct from China banks to payees. In accordance with the loan agreements, the loan amounts never even come into Malaysia but to be released from China banks to designated payees in China. ( more likely than not, Najib is one of the designated payees) . What ever has been released has become a debt obligation by the borrower, which is the Malaysian government.

 

so now, we have an Hobson's choice....no good choice. Mahathir even at a lost what to do.........what can you do to advise Mahathir?

 

Malaysia wants and needs good relations with China.......what can be done?

 

of course, you try to renegotiate with China.......and then what happens?

 

Do you go to the World Court to try to get back some of the $ 20 billion already released?

 

Do you go to the court of public opinion?

 

and if you cannot get a stop work order enforced on China?

 

How far will China bullly Malaysia into accepting their terms?

 

 

 

 

 

 

 

 

 

 

Discussions
Be the first to like this. Showing 3 of 3 comments

chinaman

pls don't talk rubbish, damage the reputation of China govt. Without this bail out from China, MY got no money to settle 1mDB HUGE DEBTS. DON'T BITE THE HAND WHO FEEDS YOU. MY govt. can anytime try to get loans from other bankers at much cheaper interest cost, if they can. Why blame on govt. who help??? TRY to seek the help of our close friend, Japan govt.....

2018-06-02 18:32

teareader818

Qqq3 makes sense. What bailout are you taking about. Don’t you know when we’re taken advantage of and being screwed?

2018-06-02 23:31

qqq3

Chinaman can choose to go to CCTV and watch their propaganda or he can choose to use his brains....the choice is entirely his.

2018-06-03 02:08

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