Forbes: ECRL cost-savings saves Malaysia from China's debt trap


PETALING JAYA: Malaysia's success in renegotiating the East Coast Rail Link (ECRL) project with China is significant as it saves Malaysia from the debt trap that Sri Lanka fell into, Forbes writes.

In an opinion piece, Economics Professor Panos Mourdoukoutas said the new deal is a big win for Prime Minister Tun Dr Mahathir Mohamad.

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nation , Forbes , ECRL , China , debt trap

   

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