Chinese projects in Malaysia may stay intact

 

Illustration: Liu Rui/GT

Newly-elected Malaysian Prime Minister Mahathir Mohamad has decided to scrap the Kuala Lumpur-Singapore Railway project despite the huge losses. He also announced the overhaul of other big railway projects, including a Chinese company-led East Coast railway project. As a result, some are worried about the fate of Chinese-funded companies in Malaysia.

During the election, the style of governance that Mahathir-led Pakatan Harapan proposed was in contrast to many policies of the previous government. Since Mahathir was elected, there has been growing concern about the new policies. While Malaysia has brought in big Chinese-invested projects, people are also concerned about the new government's attitude toward foreign funds.

To my knowledge, Mahathir has formed many consulting teams and task forces since his re-election, which shows his prudence in dealing with such affairs. The government will clarify core policies and strategy in the next few weeks.

Pakatan Harapan was the opposition before and during the election. Its attitude toward foreign capital, especially Chinese funds in Malaysia, was obviously not thorough enough. Its opposition to big projects was aimed at the large sums they involved, not the projects themselves. To be more specific, what the political alliance opposed was actually ex-prime minister Najib Razak's improprieties when approving the projects. Other problems involved in this process can be addressed by talks.

In the first press conference after his swearing-in ceremony, Mahathir promised that reviewing Chinese-funded projects would not harm China-Malaysia relations, and said that the new government will support the Belt and Road initiative as usual.

But Malaysia's new finance minister and minister of economic affairs both started overhauling the big projects that the former government had signed, and outsourcing government projects through direct bidding is no longer permitted, including railway projects. It shows that the new government wants to overhaul official projects, while private investment projects are not affected.

The new government's re-examination of big projects shows its intention to win more bargaining chips for negotiations. Any party that wants to cooperate with the new government needs to be more patient to retain the contract. Malaysia's further development is closely linked to other countries' continued participation, and China is certainly included.

Although China hopes that the current projects will stay intact, the two countries might still strategically revise their contracts to satisfy both sides as politics in Malaysia has changed. Besides, abolishing a contract is bound to cause political and economic upheaval as the Malaysian people realize the importance of the Kuala Lumpur-Singapore Railway and the East Coast railway projects. The new government will certainly evaluate the opinion in a prudent way.

The future of Chinese-funded enterprises in Malaysia may not change greatly. The previous discussion focused on big government projects, but neglected hundreds of Chinese-funded enterprises that have invested in Malaysia since the 1990s. Most of these firms operated under local laws and regulations. They purchased local materials and hired locals, and some even provided technology transfer and staff training.

They are model enterprises that aimed at developing the market in the long-term. This should have been given more publicity.

In the future, the Malaysian government will certainly welcome investment by foreign-funded enterprises that abide by the local laws, but will differ from practices in the past decades in terms of bidding and contract talks. Most importantly, all parties should believe in the principle that business is business, and win-win cooperation is the key to the issue. Malaysia will definitely let investors enjoy the dividends of its reform and development.

By Ling Tek Soon Source: Global Times - VIEWPOINT
The author is a research fellow with Institute of China Studies, University of Malaya. opinion@globaltimes.com.cn

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Sway of the Chinese language as China rising, but English is still king

https://youtu.be/fbQxXibXOxE
https://youtu.be/-HSrnqHkuwM

Sway of the Chinese language on display  

AT a recent forum in Hong Kong, Jim Rogers, a Wall Street tycoon, played a video of his daughter reciting a classical Chinese poem.

This is not the first time Happy Rogers has exhibited her proficiency in the language.

At an event in Singapore in 2013, the then nine-year-old showed off her nearly perfect Putonghua pronunciation and tone when she recited a not-so-well-known poem by Li Qiao, a Chinese poet during the Tang Dynasty. She won a big round of applause from the audience, most of them Chinese descendants. Happy’s sister Baby Bee, then five years old, did equally well, singing nursery rhymes in Chinese.

While it is not uncommon for young Chinese language learners to recite ancient poems, Happy spoke in classical Chinese with a fluency that could make even some native Chinese speakers envious, according to a report in Guangzhou Daily.

And recently, during US President Donald Trump’s visit to China, his granddaughter Arabella’s recital of Chinese poems went viral online, making her a “popular figure” among Chinese audiences.

There is a long list of foreign celebrities and their children learning Chinese, including Amazon founder Jeff Bezos’ four children and Facebook founder Mark Zuckerberg and his daughter. Even Prince William, media reports say, studied Chinese in school.

The increasing popularity of the Chinese language has led to the introduction of various programmes and classes worldwide. It is estimated that more than 100 million people outside China, including overseas Chinese, are studying the language, as many believe it can be used as a tool to gain access to conveniences in not only China but also some other countries.

The growing enthusiasm of people in other countries to learn Chinese can be attributed to their love for Chinese culture.

It perhaps explains why traditional Chinese cultural elements, from kung fu films to ancient works such as The Analects of Confucius and Sun Tzu’s The Art of War, have won so many global diehard fans. Many foreigners even believe that Chinese characters are an expression of aesthetic appreciation – maybe that’s why many famous personalities including former soccer star David Beckham have got Chinese characters tattooed on their body.

China’s economic and social development is another important factor for the growing interest in the language and culture. As the world’s most populous country and the second-largest economy, China for years has accounted for the largest number of students studying in other countries, which might also have made people overseas interested in the language.

As Jim Rogers said, whether you like or not, the 21st century will belong to China. He always tells people that if they have children, they shall encourage them to learn Chinese, “because Chinese will be the most important language”. For foreign companies intending to do business in China, they can have a huge advantage over their competitors if they can master the language.

And with the Belt and Road Initiative progressing smoothly, a number of Chinese enterprises will venture into countries along the ancient trade routes for business, which means a higher demand for Chinese speakers.

Source: China Daily/Asia News Network

China rising, but English is still king

 

Asia News Network and The Star recently published an article “Sway of the Chinese language”, detailing the rising popularity of learning Chinese as posted above.

Facebook CEO Mark Zuckerberg, US President Donald Trump’s granddaughter and billionaire investor Jim Rogers’ daughter are among some of the famous people or their family members brushing up on their Chinese language skills.

Tourists from China are splashing their cash all over the world (in some countries such as Thailand and Malaysia, the Chinese can also go cashless by making their purchases through Alipay).

Meanwhile, economists predict that the GDP of China, currently the world’s second largest, would surpass the United States’ within 10 years. As the economic value of the Chinese language grows, it will unseat English to become the world’s leading language. Or so we are told....

But if history is a clue, this may not happen so soon.

In the heyday of the Roman Empire, as the great Julius Caesar and his successors conquered the Mediterranean, Latin became the dominant language of the European continent. The Roman Empire began to disintegrate in the fifth century. Latin, however, remained relevant for many centuries to come. (The Eastern Roman Empire, also known as Byzantine Empire, survived into 15th century, but its capital was in Constantinople, and its official language was Greek.)

In year 1215, the unpopular King John of England, pressured by rebel barons, issued Magna Carta. The document established for the first time the principle that everybody, including the king, was subject to the law. It is considered one of the first steps taken in England towards establishing parliamentary democracy. The Magna Carta was initially written in Latin.

In year 1687, Sir Isaac Newton published three papers which were collectively known as Principia Mathematica. These works form the foundation of classical mechanics. Principia Mathematica, like the Magna Carta, was written in Latin. That was more than 12 centuries after the demise of the Roman Empire.

In ancient times, Malay language was the lingua franca of the Malay Archipelago. Then the Western powers came, created the modern states of Malaysia, Singapore, Brunei and Indonesia. Post-independence, Javanese, who make up 40% of Indonesia’s population, dominate the republic’s politics and economy. Somehow, Bahasa Indonesia is based on Malay rather than Javanese.

By 2050, China will become the world’s largest economy. The US will drop to second place. In the third spot, as economists believe, will be India. Like Malaysia, India was a British territory. And like our country, English, the language of the former colonial master, is still widely spoken.

By mid-century, the combined GDP of English-speaking and English-as-second-language nations, which include US, India, Britain, Canada, Australia, New Zealand, Ireland, the Philippines, Singapore and Malaysia, will likely be larger than that of China.

I do not doubt that Chinese language will get more important every year, and I encourage everyone to learn it if conditions allow. However, it would be foolish if we, in the advent of “China’s Century”, neglect English.

By CHEW KHENG SIONG Kuala Lumpur

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Sway of the Chinese language on display  

AT a recent forum in Hong Kong, Jim Rogers, a Wall Street tycoon, played a video of his daughter reciting a classical Chinese poem.

This is not the first time Happy Rogers has exhibited her proficiency in the language.

At an event in Singapore in 2013, the then nine-year-old showed off her nearly perfect Putonghua pronunciation and tone when she recited a not-so-well-known poem by Li Qiao, a Chinese poet during the Tang Dynasty. She won a big round of applause from the audience, most of them Chinese descendants. Happy’s sister Baby Bee, then five years old, did equally well, singing nursery rhymes in Chinese.

While it is not uncommon for young Chinese language learners to recite ancient poems, Happy spoke in classical Chinese with a fluency that could make even some native Chinese speakers envious, according to a report in Guangzhou Daily.

And recently, during US President Donald Trump’s visit to China, his granddaughter Arabella’s recital of Chinese poems went viral online, making her a “popular figure” among Chinese audiences.

There is a long list of foreign celebrities and their children learning Chinese, including Amazon founder Jeff Bezos’ four children and Facebook founder Mark Zuckerberg and his daughter. Even Prince William, media reports say, studied Chinese in school.

The increasing popularity of the Chinese language has led to the introduction of various programmes and classes worldwide. It is estimated that more than 100 million people outside China, including overseas Chinese, are studying the language, as many believe it can be used as a tool to gain access to conveniences in not only China but also some other countries.

The growing enthusiasm of people in other countries to learn Chinese can be attributed to their love for Chinese culture.

It perhaps explains why traditional Chinese cultural elements, from kung fu films to ancient works such as The Analects of Confucius and Sun Tzu’s The Art of War, have won so many global diehard fans. Many foreigners even believe that Chinese characters are an expression of aesthetic appreciation – maybe that’s why many famous personalities including former soccer star David Beckham have got Chinese characters tattooed on their body.

China’s economic and social development is another important factor for the growing interest in the language and culture. As the world’s most populous country and the second-largest economy, China for years has accounted for the largest number of students studying in other countries, which might also have made people overseas interested in the language.

As Jim Rogers said, whether you like or not, the 21st century will belong to China. He always tells people that if they have children, they shall encourage them to learn Chinese, “because Chinese will be the most important language”. For foreign companies intending to do business in China, they can have a huge advantage over their competitors if they can master the language.

And with the Belt and Road Initiative progressing smoothly, a number of Chinese enterprises will venture into countries along the ancient trade routes for business, which means a higher demand for Chinese speakers.

Source: China Daily/Asia News Network

China rising, but English is still king

 

Asia News Network and The Star recently published an article “Sway of the Chinese language”, detailing the rising popularity of learning Chinese as posted above.

Facebook CEO Mark Zuckerberg, US President Donald Trump’s granddaughter and billionaire investor Jim Rogers’ daughter are among some of the famous people or their family members brushing up on their Chinese language skills.

Tourists from China are splashing their cash all over the world (in some countries such as Thailand and Malaysia, the Chinese can also go cashless by making their purchases through Alipay).

Meanwhile, economists predict that the GDP of China, currently the world’s second largest, would surpass the United States’ within 10 years. As the economic value of the Chinese language grows, it will unseat English to become the world’s leading language. Or so we are told....

But if history is a clue, this may not happen so soon.

In the heyday of the Roman Empire, as the great Julius Caesar and his successors conquered the Mediterranean, Latin became the dominant language of the European continent. The Roman Empire began to disintegrate in the fifth century. Latin, however, remained relevant for many centuries to come. (The Eastern Roman Empire, also known as Byzantine Empire, survived into 15th century, but its capital was in Constantinople, and its official language was Greek.)

In year 1215, the unpopular King John of England, pressured by rebel barons, issued Magna Carta. The document established for the first time the principle that everybody, including the king, was subject to the law. It is considered one of the first steps taken in England towards establishing parliamentary democracy. The Magna Carta was initially written in Latin.

In year 1687, Sir Isaac Newton published three papers which were collectively known as Principia Mathematica. These works form the foundation of classical mechanics. Principia Mathematica, like the Magna Carta, was written in Latin. That was more than 12 centuries after the demise of the Roman Empire.

In ancient times, Malay language was the lingua franca of the Malay Archipelago. Then the Western powers came, created the modern states of Malaysia, Singapore, Brunei and Indonesia. Post-independence, Javanese, who make up 40% of Indonesia’s population, dominate the republic’s politics and economy. Somehow, Bahasa Indonesia is based on Malay rather than Javanese.

By 2050, China will become the world’s largest economy. The US will drop to second place. In the third spot, as economists believe, will be India. Like Malaysia, India was a British territory. And like our country, English, the language of the former colonial master, is still widely spoken.

By mid-century, the combined GDP of English-speaking and English-as-second-language nations, which include US, India, Britain, Canada, Australia, New Zealand, Ireland, the Philippines, Singapore and Malaysia, will likely be larger than that of China.

I do not doubt that Chinese language will get more important every year, and I encourage everyone to learn it if conditions allow. However, it would be foolish if we, in the advent of “China’s Century”, neglect English.

By CHEW KHENG SIONG Kuala Lumpur

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