Name: Malaysia Warns Philippines Over China Debt | Mahathir Mohamad Warns Duterte about CCP Loans
Uploaded: 2021-07-05T14:22:31.000Z
Duration: 12 min 19 s
Description: VoiceTubeの動画で発音を聞きながら英語表現を覚えよう！学べる英語：

One of my favorite places in Southeast Asia.

Malaysian Prime Minister Mahathir Mohamad

the trade between both countries are increasing,

but they are largely in favor of Malaysia.

I believe there is still room for improvement

and from my meeting with Mr. President (Rodrigo Duterte),

we would encourage private sectors from both countries

to explore opportunities of collaboration and venture

But while Mahathir was trying to warm ties

he had a word of warning about another country—China.

Speaking to a Filipino news network, Mahathir said,

“If you borrow huge sums of money from China,

So, we have to be very careful about that.”

I'm sure he wasn't talking about any borrower in particular.

He just said, “Countries *like* the Philippines

should 'regulate or limit influences from China.'”

You know, so these borrowers don't get Sri Lanka'd.

See, in 2008, Sri Lanka began construction

when Sri Lanka couldn't pay the loans back,

to give them the port on a 99-year lease.

A port that could someday become an ideal naval base.

To be used against no country in particular.

How does Malaysian Prime Minister Mahathir

using debt to trap other countries into making bad deals—

Well, Malaysia was almost a victim of it.

Those included a Chinese state-owned company

in a deep water shipping port near Kuantan.

the Chinese Communist Party's Belt and Road Initiative.

and infrastructure projects that China is creating,

and that basically drive debt trap diplomacy.

Or as the Chinese state-run media likes to call it,

Until Mahathir Mohamad took the 2018 election

That happened after the massive corruption

of the previous Prime Minister had been exposed.

What's a few billion dollars between friends?

Unsurprisingly, Mahathir made Chinese infrastructure

projects and influence a key issue in his campaign.

“None of our people are employed as workers.

None of our companies are used for designing

what he thinks are unfair Chinese infrastructure deals.

For example, he's renegotiated a $20 billion dollar rail link.

And completely scrapped Chinese-backed oil and gas pipelines.

That was a big hiccup in the Chinese regime's

Philippine president Duterte to do the same.

But how many of us actually listen to that friend?

China and the Philippines had been in a standoff

字幕リスト動画再生

Malaysia Warns Philippines Over China Debt | Mahathir Mohamad Warns Duterte about CCP Loans

episode

massive

basically

matter