Rejection of 36.1 Billion US Dollars In Compensation! Malaysia, Who Tore Up Contracts, Chooses Japan

#china #project #train #trading #japan #railway As one of the four Asian tigers, Malaysia’s economic strength is at the top level in Asia. However, despite such a high economic level, Malaysia’s domestic transportation methods are relatively underdeveloped. To this end, Malaysia invested US$12.8 billion in the construction of a railway in 2016, the East Coast Railway Project. Surprisingly, only two years later, Malaysia unilaterally requested to terminate the cooperation, which caused China to suffer a huge loss. In response, China demanded that Malaysia pay US$36.1 billion in liquidated damages, but Malaya refused to pay compensation and actively maintained contact with Japan, hoping that Japan could take over the construction project. Soon after, however, Malaysia turned to seek continued cooperation with China. This makes us very curious, why did Malaysia take the initiative to tear up the contract? And what is the reason for wanting to renew the contract after breaking the contract? Facing Malaysia’s request for help, how does China respond?