Malaysia hasn't worked out yet.
They started in China, and could have been producing in H1 2008 for 70% of the capital cost and still caught the bonanza years, kept the Chinese on side and possibly been exempt from the export quotas.
Or they could have eliminated sovereign risk altogether by building in Oz. Customers will pay a premium for a reliable supply line from a stable democracy like Australia, y'know ..... That premium will cover the extra costs.
what could've been, page-4
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