News about China

KUALA LUMPUR (July 7): Things between China Communications Construction Co Ltd (CCCC) and its joint-venture (JV) partner George Kent (M) Bhd “is understood to be fraying at the seams because of issues” reported The Edge business weekly in its latest issue.

KUALA LUMPUR (July 5): The East Coast Rail Link (ECRL) project and two projects under the finance ministry (MoF) unit Suria Strategic Energy Resources Sdn Bhd (SSER), namely the Multi-Product Pipeline (MPP) and the Trans-Sabah Gas Pipeline (TSGP) projects, have been instructed to suspend all works with immediate effect.

PETALING JAYA (July 4): China Communications Construction Company (CCCC) has “no choice” but to follow the suspension order issued by Malaysia Rail Link Sdn Bhd over the controversial East Coast Rail Link (ECRL) project, it said in a statement today.

  PETALING JAYA (June 30): Malaysia Rail Link Sdn Bhd (MRL), the owner of the East Coast Rail Link (ECRL) project, would not have signed the papers for the project out of its own volition, sources told The Star.

HONG KONG (June 29):  The main contractor for the East Coast Rail Link (ECRL) project, China Communications Construction Co Ltd (CCCC) has likened concerns over the Malaysian project to that of Sri Lanka’s troubled Hambantota port.

KUALA LUMPUR (June 28): RAM Rating Services Bhd said today that it remains cautious of China-based Country Garden Holdings Co Ltd’s aggressive risk appetite, particularly in terms of land acquisition and total debt.

HONG KONG (June 28): The main contractor for the East Coast Rail Link (ECRL) project, China Communications Construction Co Ltd (CCCC), is "not very concerned" about risks related to the poject's review announced by the new Malaysian government.

KUALA LUMPUR (June 27): Sky-high property prices in Hong Kong have been hitting the news quite regularly these days but the latest news about the territory’s real estate market took a tragic turn recently.

KUALA LUMPUR (June 26): T7 Global Bhd’s share price surged by as much as 34.

KUALA LUMPUR (June 26): The government will proceed with the East Coast Rail Link (ECRL) if it can obtain more favourable terms through renegotiation and the project’s cost is brought down, said Prime Minister Tun Dr Mahathir Mohamad.