Yeo behaves the same as a China gov officer and malay Cabinet is...

Yeo behaves the same as a China gov officer and malay Cabinet is influenced to this direction as well.
In China, many businessmen know contract or agreement principal is useless in China. China officers usually only looks for quick way to solve things and if they think the solutions fit they just ignore all principle. This always makes many western investors frustration.

Same here for Lynas. There is an agreed framework for sequence of event to handle residue but Yeo put it aside and rush a solution she think fit. She think fit because she believe the solution does not hurt Lynas profit at all and it can make gang of three win plus she can show herself more competent in front of the cabinet as ministry examination is coming. So she rush a "solution" and ignore original agreement with Lynas.

Her behaviour is influencing the Cabinet as she can almost speak on behalf of the cabinet.

Looks like the cost of moving residue is similar as buildinga pdf, it just has no principle behind because it is just ordering a quick solution.

If this situation is in China can Lynas win? I don't know.

If Lynas can win it means Malaysia business environment is still half western.

If Lynas loss it means Malaysia running the same as China. It doesn't mean it is bad for business. But foreign companies need to adjust their expectation.

Malaysia this year still has lots of foreign investors but I bet most of them are from China. Malaysia can become a little tiger under big China, if it is what they look for. Then, forget about high tech or supply chain they can still live ok. They want e-car? Buy from China. They want clean energy equipment? Buy from China. Buy from alibaba.

Lynas just move residue back and loss the battle. It doesn't hurt income and the future. The biggest punishment for Malaysia is they will have no high tech supply chain.

20 years ago the chinese in Malaysia live a lot better then the people in mainland China. Now is the reverse.

Now Malaysian live better than vietnamese. 20 years later will be the reverse. Build supply chain in vietnam not Malaysia