What happens when China invests

It does not get any uglier than this. This construction has no respect for people, their culture or life.

Iskandar Malaysia is the oldest and by far the most important economic corridor in Malaysia. Located in the southernmost state of Johor, the corridor is home to several real estate projects (such as Princess Cove - where my apartment is located - and Forest City) involving multinational companies from China.

Iskandar Malaysia, the oldest and by far the most significant of these corridors, has become a test bed for adaptive Chinese investment strategies in Malaysia.

Among these high-rises is also a huge shopping mall. 97% of the space is unrented and vacant. Probably a result of Covid. A sad sight, as is the real estate.

This is what happens when you sell out to the Chinese and under the pretext of breaking away from the US dollar.Read more