Home / Malaysia / Malaysia-China ties to see a ‘diamond era’

Malaysia-China ties to see a ‘diamond era’

While Malaysian businesses were assisting China in a 1980s by a 1990s, China is personification a critical purpose in a Malaysian economy now. Dr Huang Huikang, China’s Ambassador to Malaysia, gives his views on shared ties in an talk with Ho Wah Foon and Yimie Yong of The Star. 

Q: How would we report Malaysia-China family now?

A: Over a past 4 years, China-Malaysia family have grown quickly in all aspects to turn some-more grown and stable. Strong swell has been done in a growth of infrastructure, vital projects, energy, agriculture, finance, counterclaim and security. We also see a deepening in informative exchanges, as good as preparation and medical activities.

Our shared ties have enjoyed a “golden era” in a initial 40 years. The subsequent 40 years will see a “diamond era”.

As China’s envoy to Malaysia, we have witnessed many ancestral moments in a growth of shared ties between these dual nations. we feel unapproachable to have contributed to bringing a end to full fruition.

Q: What shared milestones have been created?

A: We have seen 4 milestones in new years.

First milestone: a family are during chronological highs. President Xi Jinping visited Malaysia in 2013 and Premier Li Keqiang came in 2015. Prime Minister Datuk Seri Najib Tun Razak has visited China 7 times.

While attending a Belt and Road Summit in Beijing final May, he exchanged some-more views with a leaders on team-work with regards to vital projects.

Second milestone: China continues to be Malaysia’s largest trade partner – for a eighth year in a row. China has turn a largest source of unfamiliar approach investment and a largest executive in a construction sector.

It is a largest non-Asean source of tourists for Malaysia, with arrivals approaching to strike 3 million this year. This means Malaysia will get unfamiliar sell income of RM15bil from Chinese tourists.

Third milestone: Cooperation in vital projects is flourishing. Examples are: China-Malaysia Qinzhou Industrial Park, Malaysia-China Kuantan Industrial Park, Malacca Coastal Industrial Park, East Coast Rail Link, Sabah Gas Pipeline, North-South oil products pipeline, Alibaba and Geely investments, etc.

The fourth milestone: In 2015, China Construction Bank released a initial tellurian Renminbi bond in Malaysia. Xiamen University Malaysia, a initial offshore campus of a state-owned university, non-stop a doors in 2016.

Another poignant eventuality in 2016 was a signing of a agreement to buy China-made coastal notice warships.

Q: Will South China Sea disputes be resolved bilaterally? What could be a probable scenario?

A: The South China Sea was a pacific widen of waters until a 1960s when new developments and issues surfaced.

However, China and Asean nations confirmed pacific discourse after Asean was shaped in 1967.

Without a division of outmost forces, a South China Sea would have stayed pacific and stable.

China had due that it would understanding with Asean nations with overlapping emperor claims on a shared basis, while a altogether assent and fortitude of a South China Sea would be a corner bid of China and Asean. Most Asean nations – including claimants Malay­sia and Brunei – had upheld this proposal.

Although Malaysia is a petitioner country, this has not prevented a well-spoken growth of a shared relations, due especially to a knowledge of a leaders in giving priority to mercantile growth and cooperation.

The importance is placed on discourse to solve disputes, and to safeguard feud will not impact ties.

Last May, all parties concluded to a horizon on a “Code of Conduct” on a South China Sea. Against this backdrop, we trust Malaysia and China will continue to solve a South China Sea issues around dialogue.

This will not usually offer a best seductiveness of a people in both nations though will also safeguard there is continued peace, fortitude and wealth in this region.

Q: Will Malaysia continue to be a pivotal customer of China’s Belt and Road initiative?

A: Malaysia is one of a initial countries that upheld a Belt and Road beginning propounded by President Xi in 2013, and one of a countries enjoying early harvests from China’s investments.

The ECRL devise will advantage 4.4 million Malaysians along a easterly seashore of peninsular Malaysia when it is completed.

Future opportunities underneath a Belt and Road devise will be seen in a partnership in electronics, oil and gas, palm oil, technology, halal products, fisheries, financial and e-commerce.

I trust Malaysia will continue to work closely with China on Belt and Road projects in a query for speedier and improved mercantile development.

I wish a nation a happy 60th birthday and many years of wealth ahead.

Related stories:

The Chinese are waking adult to Malaysian coffee

Looking behind and relocating forward

China investors still bullish on Malaysian genuine estate

Article source: http://www.thestar.com.my/news/nation/2017/08/28/malaysiachina-ties-to-see-a-diamond-era-while-malaysian-businesses-were-helping-china-in-the-1980s-t/