It should not be lost on investors that Japan agreed on Tuesday to issue $1.8b to help Malaysia fight it's large government debt...
"I have so much respect for Prime Minister Mahathir's vigorous effort to build a country of fairness by once again bearing a heavy responsibility as leader," Abe told a joint news conference. He said Japan is committed to continuing its cooperation and assistance for Malaysia, including in investment, technology and infrastructure, including high-speed train systems.
Mahathir thanked Japan for its "very positive attitude" in helping to resolve Malaysia' financial problems.
This is pretty good news in that it shows the good trade relationship between the two countries. Kind of makes you wonder what would happen if Malaysia cut off the supply of REs to Japan...
https://abcnews.go.com/International/wireStory/japan-extend-loan-malaysias-debt-problem-58992601
It should not be lost on investors that Japan agreed on Tuesday...
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