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?
1 view
6
1
4 months ago 00:03:37 1
In The Virtual End (Linkin Park HL2 music video)
4 months ago 00:04:02 1
Watch Houthi Reaction To USA’s Offer Of Economic ’Incentives’ To Stop Red Sea Ship Attacks | Gaza
4 months ago 00:24:34 1
Beethoven: Symphony No. 9, 4th movement | Paavo Järvi and the Deutsche Kammerphilharmonie Bremen
4 months ago 01:19:54 1
Climate: The Movie (The Cold Truth) Updated 4K version
4 months ago 00:42:03 1
Unwritten Law - Here’s To The Mourning (Full Album) 2005
4 months ago 00:42:28 1
Not Just A Phase: Raising A Transgender Kid (LGBTQ+ Documentary) | Real Stories
4 months ago 00:03:58 1
Girlfriend or girl friend?: Singapore man sues woman for putting him in the ’friend-zone’
4 months ago 00:07:05 1
The Opening 6 Minutes of Gundam Seed Freedom Movie (中文字幕)
4 months ago 00:27:28 1
The Australian Jew dubbed traitor for speaking out against the war in Gaza | Compass | ABC In-depth
4 months ago 00:00:00 1
Paris Students Protest LIVE | Paris’s Sciences Po Rejects Protesters | Paris News LIVE | N18L
4 months ago 00:04:01 1
PROF: RYSZARD LEGUTKO: “Two minutes of truth, of bitter truth“ in the European Parliament
4 months ago 01:56:10 1
Lecture 2: The Case Against Qualia
4 months ago 06:03:43 3
Russian Orthodox: Choral Music
4 months ago 00:07:38 1
Identity
4 months ago 00:49:57 1
Inside Titanic’s Catastrophic Breakup - An Analysis