Asia Sentinel’s headline on June 2, 2009, raised concerns about Malaysia’s Terengganu state government’s plan to borrow RM10 billion for a sovereign wealth fund, sparking worries about the country’s long-term financial stability. The fund was deemed suspect, with potential risks and unclear benefits, leading to calls for caution and federal intervention to mitigate potential economic consequences. The article highlighted the need for vigilance and transparency in managing state investments to safeguard Malaysia’s financial health.
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Beijing denounces Taiwanese leader William Lai as ‘destroyer of cross-strait peace’
Beijing has once again criticized Taiwanese leader William Lai Ching-te, labeling him a "destroyer of peace" in the Taiwan Strait for his recent comments asserting that Taiwan and mainland China are not subordinate to each other. The Taiwan Affairs Office accused Lai of promoting separatist rhetoric and seeking independence through foreign support or force. Lai's remarks at a Lunar New Year event emphasized Taiwan's sovereignty as essential for the existence of the Republic of China,...
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