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After Philippines, USA starts losing Malaysia to China

They are not dominos, They are just exploiting Chinese money and resources once they get what they want they will play in to the hands of the west.

May be a war against evil communists will start then once the time is right!

Indian logic at (one of) its finest.

So, in this case, let's say, we go back in the far future and Modi is still the PM and India happens to export high tech products. That would mean exploiting Indian money and resources?

All those export driven Northeast Asian countries are actually being exploited?
 
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http://www.dailymail.co.uk/wires/afp/article-3892394/Defence-deal-cards-Malaysia-PM-tilts-China.html
Defence deal on cards as Malaysia PM tilts toward China
ByAFP

PUBLISHED:05:31 GMT, 1 November 2016|UPDATED:05:31 GMT, 1 November 2016
  • Malaysia's premier on Tuesday begins an official visit to China where he will sign a "significant" defence deal," in a potential strategic shift as his ties with the United States fray over a corruption scandal.

The week-long trip by Prime Minister Najib Razak marks another potential blow for Washington's "pivot" toward Asia, two weeks after President Rodrigo Duterte of longtime US ally the Philippines visited China with olive branch in hand.

Malaysia and China will be finalising "the first significant defence deal" between the two countries during his visit, Najib told Chinese state news agency Xinhua, giving no details.

A total of 10 agreements spanning business, defence and other spheres will be signed, Malaysia has said.

Najib said last week Malaysia and China "are committed to achieving new highs and entering into new areas of cooperation."

Last month in Beijing, Duterte stunned observers by announcing his country's "separation" from longstanding partner the United States.

Though he subsequently backed off, saying their alliance remained intact, the episode underlined China's increasing diplomatic and economic gravitational pull at the expense of the United States.

Najib's visit provides fresh evidence, said Southeast Asia politics analyst Bridget Welsh.

"This is the new regional norm. Now China is implementing the power and the US is in retreat," she said, adding Washington's Asia "pivot" was "dead in the water".

China welcomes Najib, who arrived Monday, with a state dinner Tuesday night in Beijing, followed by a meeting with Premier Li Keqiang.

Later this week Najib will meet President Xi Jinping, as well as Jack Ma, founder of e-commerce giant Alibaba.

- Drawn into China's arms -

Taking office in 2009, Najib reached out to Washington, and relations warmed following decades of periodic distrust.

But he has increasingly leaned toward China as it became Malaysia's biggest trading partner, and especially after the eruption last year of a massive corruption scandal implicating Najib and a state investment fund he founded.

Billions are alleged to have been syphoned from the fund, 1MDB, in a stunning international campaign of embezzlement and money-laundering that has sparked investigations in several countries.

Najib's ties with Washington became strained when the US Justice Department moved in July to seize more than $1 billion in assets it says were purchased by Najib relatives and associates using stolen 1MDB money.

Justice Department filings said a "Malaysian Official 1" took part in the looting. Malaysia has since admitted that official was Najib.

Najib and 1MDB deny wrongdoing and have railed at foreign forces they say concocted the scandal.

1MDB launched a fire sale of assets to stay solvent, and China’s biggest nuclear energy producer China General Nuclear Power Corporation came to the rescue last year, purchasing its power assets for $2.3 billion.

Welsh said the trip could result in "multiple billions of dollars in deals" for Najib's cash-strapped government.

Depressed oil prices have slashed government revenue in energy-exporting Malaysia, which also faces rising public-sector debt.

"This trip reflects not only Malaysia’s geostrategic re-alignment to China as the 'regional banker' but also the reality that Najib is desperate for alternative financial sources," Welsh said.

A key question is whether there will be a "quid pro quo" in which Malaysia sides more with Beijing rather than the United States on strategic issues like South China Sea territorial disputes, she said.

China has increasingly won major infrastructure and other projects in Malaysia, and Chinese companies are widely expected to be handed a planned high-speed rail project linking Kuala Lumpur and Singapore and expected to cost up to $15 billion.
 
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They are not dominos, They are just exploiting Chinese money and resources once they get what they want they will play in to the hands of the west.

May be a war against evil communists will start then once the time is right!
Please don't talk about war. In particular, a weapons inventory only 20 days of the country, even the mechanized army did not achieve. Don't always dream of surgical strikes. This is not realistic.
 
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Please don't talk about war. In particular, a weapons inventory only 20 days of the country, even the mechanized army did not achieve. Don't always dream of surgical strikes. This is not realistic.

Is that a threat or a some kind of pride?

What ever it is, it will last only for a decade!

20 days is enough time to take a decision on nukes I think !
 
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"This is the new regional norm. Now China is implementing the power and the US is in retreat," she said, adding Washington's Asia "pivot" was "dead in the water".

The Pivot is dead.

Clintons could be politically dead, as well, a week from today.

What a consequential month.

US foreign diplomacy is as efficient as Indian democracy.
 
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How is USA in decline?

It's economy is growing, it's population is growing.

As for debt, all its debt is denominated in dollars, so it will never have a balance of payments crisis. And its debt is actually managable for the size of its GDP.

If people were worried about US defaulting, the US would be paying far higher interest rates on its debt, but in reality, the interest rates on its debt are low, and have gotten lower. Ask, @Shotgunner51 if that means any worry by the broader investor community for the dollar.

By the way, China also owes higher levels of debt. Not its central government, but local government and SOEs. They owe 200% above level of GDP, but like USA, its debt is also denominated in yuan.


Please try to be rational. Just wishing a collapse of USA, wouldn't bring about its collapse. USA has been a successful behemoth, who has successfully overcome challenges over challenges, and retains many very specific advantages not present in the rest of the world.



LOL. US Economy is already growing at a rate of 1-2%. They don't need more than that, they are a mature advanced economy.

Also, it is factually incorrect that cutting down military spending will help. And anyways, most of US military operations overseas are funded by those countries.

For example, Japan almost literally pays the US for hosting it. Why would US then leave Japan? Wanna kick out US from Japan? Then convince Japan that China is no threat, and that a rising China bodes well for Japan.



Actually, US dollar has only strengthened its role as the reserve currency in the world. There is no competitor to the US dollar.

Most of what you say is bullshit. Only fanboy wishful thinking. This will only doom China and its future. Fanboyism doesn't help a country.
US in decline compared against her influence before and other powers, not collapsing, OK, my friend , don't twist my words, my India friend.
Everyone can see this unless some lap dogs, why trumps "make America great again" attrtract much support, think about that
 
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Malaysia's central bank issues license to China Construction Bank
Source:Xinhua Published: 2016/11/1

State-owned China Construction Bank (CCB) had acquired a commercial bank license from Malaysian regulators, the country's central bank Bank Negara Malaysia said in a statement on Tuesday.

The newly-established bank, called China Construction Bank (Malaysia) Berhad, or CCB Malaysia, will be operated as a wholly-owned subsidiary of CCB Corporation Ltd, said the statement.

The grant of the license is based on CCB's prudential strength and ability to bring in propositions that are in the best interests of Malaysia, the central bank said.

Bank Negara also praised CCB Malaysia's "predominant focus in infrastructure project financing", saying its presence is expected to further strengthen the economic and financial linkages between China and Malaysia and contribute to Malaysia's financial sector.

CCB will become the third Chinese state-owned bank to open branches in Malaysia after the Bank of China and the Industrial and Commercial Bank of China.
 
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China and Malaysia agree on military cooperation in the South China Sea
Wednesday 2 November 2016 05.42 GMT

Najib Razak signs defence deal during Beijing visit and writes editorial saying former colonlial should not lecture countries they once exploited

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China’s premier, Li Keqiang, escorts Malaysian PM Najib Razak at a parade in Beijing on Tuesday. Photograph: Xinhua/Rex/Shutterstock


China and Malaysia have said their navies will cooperate more in the politically sensitive South China Sea in an agreement signed on Tuesday during a visit by Malaysia’s leader, Najib Razak.

The prime minister hopes to use his visit to Beijing this week to woo new investment and boost his image as he is shunned by western leaders over the 1MDB financial scandal, which has prompted a US government investigation, analysts say.

He was given a warm welcome on Tuesday by his Chinese counterpart, Li Keqiang. After meeting at the Great Hall of the People, they oversaw the signing of agreements, including a memorandum of understanding on defence cooperation.

Vice-foreign minister Liu Zhenmin said: “We have not touched upon the details of our cooperation. Mostly we are focusing on naval cooperation.”

Because China and Malaysia are both South China Sea coastal nations, “we need to enhance our naval cooperation to ensure peace and stability in the South China Sea and enhance our mutual trust,” he said.

Razak said former colonial powers should not “lecture countries they once exploited on how to conduct their own internal affairs today”, a Chinese newspaper reported on Wednesday, in a veiled attack on the west.​

Najib said in an editorial in the state-run China Daily that larger countries should treat smaller countries fairly.

Beijing asserts that virtually all the South China Sea is Chinese territory, but an international tribunal ruling in July invalidated those claims. China has ignored that ruling.

Six other Asian governments also claim part of the South China Sea, and some observers see it as a potential flashpoint that could spark conflict one day.

Najib is the second leader of a nation with rival territorial claims in the South China Sea to visit Beijing in two weeks. The first, Philippine president Rodrigo Duterte, played down his country’s dispute with China.

The international tribunal case was initiated by Duterte’s predecessor, and Duterte has sought to cast himself as far more conciliatory, an approach that appears to have paid off. While Chinese coast guard ships continue to guard a tiny, uninhabited shoal that China in effect seized in 2012, Filipino fishermen have been allowed to fish there for the first time in four years.

Malaysia claims a swath of the South China Sea north of Borneo, along with islands and reefs, but has been relatively understated amid the feuding between fellow claimants China, Vietnam and the Philippines.

Last month, Najib said Malaysia would not compromise on its South China Sea claims, but wants them to be worked out through dialogue and peaceful negotiations.

Liu said Najib agreed with the Chinese premier “to further advance the proper settlement of the South China Sea issue on a bilateral channel and through dialogue”. Beijing always prefers negotiating disputes on a one-to-one basis with the countries concerned, so it can bring more pressure to bear.​

Liu said the two sides also agreed to enhance cooperation in infrastructure, agriculture, trade, investment and law enforcement, and would work together to build an east coast railway link in Malaysia and an oil and gas pipeline in Sabah. All this cooperation “will bring our relations to a new high”, Liu said.​

Najib meets President Xi Jinping on Thursday.

Najib has been implicated in a US government investigation into massive fraud at a Malaysian investment fund he founded, 1MDB. The Department of Justice said in a lawsuit seeking to seize assets in the US that at least $3.5bn was stolen from the fund and diverted through a web of shell companies and bank accounts in Singapore, Switzerland, Luxembourg and the US.

Malaysia’s attorney general has defended Najib, even as his popularity at home has plummeted in recent months.

James Chin, director of the Asia institute at Australia’s University of Tasmania, said Najib wanted to attract more Chinese money to make up for a drop in foreign direct investment from western countries spooked by the scandal. He said Najib also wanted to show that “there are still powerful countries around the world that are still willing to give him the five-star or red carpet treatment”.

“He’s showing the Malaysian domestic audience that a new upcoming power like China is still willing to host him, because it is quite obvious that he can’t get the same treatment in western capitals any more,” Chin said.​

While Najib has more riding on the visit, the Chinese government is also eager to increase its clout with Malaysia as it looks to develop its “One Belt, One Road” initiative. Under Xi’s signature foreign economic expansion strategy, China aims to strengthen land and sea links and bilateral cooperation with the rest of Asia, Africa and Europe. One part of that is a planned high-speed railway from Singapore to south-west China which will pass through Malaysia.

“China for its part wants to be closer to Malaysia in economic and political terms because it’s trying to draw Malaysia into its sphere of influence,” Chin said.​



Associated Press and Reuters contributed to this report
https://www.theguardian.com/world/2...n-military-cooperation-in-the-south-china-sea
 
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