On May 31, Malaysia and China celebrated 50 years of diplomatic relations. Bilateral diplomatic ties between the countries began with the signing of a joint communique in Beijing on May 31, 1974. Since then, Malaysia has upheld the one-China principle.
After a half-century of friendship, deep economic ties are fuelling concerns Malaysia may find itself caught in the middle of intensifying rivalry between China and the United States.
(Bloomberg) Malaysia’s ruling coalition is “increasingly confident” it can last its full five-year term after the government led by Prime Minister Anwar Ibrahim survived the country’s fragmented political landscape for nearly a year, a senior minister said.Most Read from BloombergBankman-Fried Found Guilty of Fraud at FTX Criminal TrialIntuit Is Closing Personal-Finance App Mint, Shifts Users to Credit KarmaS&P 500 Rises Almost 2%; Apple Down in Late Hours: Markets WrapHarvard, Yale Warned by
Allies overcoming “suspicion” of each other’s intentions is what makes Transport Minister Anthony Loke optimistic about the stability of the coalition. Read more at straitstimes.com.