Malaysia's Mahathir Backs Huawei in Rare Public Rebuke of US
- Author: Sonia Alvarado Jun 01, 2019,
Jun 01, 2019, 1:18
Malaysia Prime Minister Mahathir Mohamad earlier said the country will use Huawei's products "as much as possible" despite security concerns and a USA ban on the Chinese firm.
Malaysian Prime Minister Mahathir Mohamad, whose election previous year was seen by many as a rebuke of China's growing influence in the region, did not hold back in his support of Beijing's view on this issue.
"Huawei's research is far bigger than Malaysia's capability", Dr Mahathir said in the conference hosted by Nikkei.
Dr Mahathir also spoke on Malaysia's decision to send plastic waste back to the countries it came from and the US-China trade war.
The Malaysian leader cited the South China Sea, much of which is claimed by Beijing, as a major regional flashpoint, saying that the military build-up in the waterway is cause for concern.
"We are also very happy that the business community in Japan pledge their support for investment and we look forward to more collaborations with Japan", he said.
"It is worth it to talk to each other and stop this confrontation", he said.
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It also called on the government to help clarify national security concerns surrounding Chinese manufactured smartphones. If you're feeling bewildered trying to keep up with the never-ending references to Huawei in the news, you're not alone.
The Trans-Pacific Partnership (TPP) trade deal, in comparison, was "cooked up" in Washington, he charged, with countries told to accept the terms.
In this regard, he praised China for being inclusive in its ambitious Belt and Road infrastructure initiative, noting that Beijing takes on board the voices of all stakeholders, including small countries.
Yeo suggested that the reports on Dr Mahathir's remarks may not have focused on his actual stand on the matter.
He added that the United States has to get used to the reality of a more competitive China, which has caught up and arguably surpassed America in areas such as scientific research and technology.
He added that being tied to the USA dollar makes currencies vulnerable to Forex manipulation.
"At the moment, we have to depend on the USA dollar, but the United States dollar is also not stable".
He believes this can be related to the export and import performance of that country and the government will know how much it owes and payment can be made with the special currency.
He said debt settlements can be arranged using that new currency based on gold but the currency must relate to the local currency as to the exchange rate.