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Aug 21, 2018 08:01 PM
WORLD

Mahathir Says China-Backed Projects ‘Canceled for Now’: Malaysian Media

Malaysia's Prime Minister Mahathir Mohamad speaks during a news conference at the Great Hall of the People in Beijing on Aug. 20. Photo: VCG
Malaysia's Prime Minister Mahathir Mohamad speaks during a news conference at the Great Hall of the People in Beijing on Aug. 20. Photo: VCG

Malaysia’s Prime Minister Mahathir Mohamad said the multibillion-dollar rail link and pipeline projects backed by Chinese government cash have been “cancelled for now,” according to the country’s national news agency, Bernama.

Mahathir said the projects involve huge amounts of money, and Malaysia does not really need them at the moment, considering the high debt burden left by the country’s previous government.

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