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Saturday, 18 February 2012

China's Helping Hand for Europe

Made In China by CHOW HOW BAN

China has promised to help the EU deal with its debt problems through the stability facilities, but it should not be misread as a pledge to buy more European government bonds.

Sino-EU ties: Chinese vice-premier Li Keqiang (right) talking to Barroso (left) and Van Rompuy during their meeting at the Great Hall of the People in Beijing on Wednesday. — AFP

EUROPE has played a big role in China’s economic successes throughout the past three decades. That was the main tone the European Union (EU) brought to Beijing for the China-EU Summit on Tuesday.

And China’s response was that it would offer the EU more help to overcome the eurozone sovereign debt crisis – an assurance from the economic powerhouse that the EU pretty much hoped for.

The friendly exchanges between the Chinese and EU leaders laid the foundation for the success of the summit. Sino-EU trade relations have continued to thrive amid the debt crisis in Europe, with trade volume surpassing €460bil (RM1.83 trillion) last year. Europe is China’s biggest export destination.



 “Over the past decades, China has become an even greater force in regional and global affairs and its economic and social development has been immense,” European Commission president Jose Manuel Barroso said after the summit attended by Chinese Premier Wen Jiabao, his Cabinet members and European Council president Herman Van Rompuy.

“Europe can only rejoice at this success. I believe that Europe can legitimately claim some parts of the success because China’s economy has greatly benefited from Europe’s open policies and open markets.

“As Europe and China are inter-connected and inter-dependent, we should work even more closely on different fronts to deepen our relations.”

He assured the Chinese leaders that the EU was doing what it takes to restore the confidence of investors and international stakeholders and its partners amid the crisis.

Wen said China was ready to help Europe deal with its debt problems but the EU would have to take its own initiatives as well as address the issues.

“China’s willingness to support the EU in dealing with its debt crisis is sincere and resolute. China will continue to join hands with the EU for mutual benefit despite the fast-changing global economic situation,” he said.

Last week, Wen had told German Chancellor Angela Merkel at a meeting during her official visit to China that China would consider getting more involved in solving the debt woes in Europe, especially through the European Stability Mechanism and European Financial Stability Facility.

“Resolving the debt crisis relies fundamentally on the efforts made by the EU itself.

“We expect the debt-stricken nations, according to their own situations, to strengthen fiscal consolidation, reduce their deficits and lower their debt risks,” he said.

However, analysts said that Wen’s promise to help the EU deal with its debt problems through the stability facilities should not be misread as China’s intention to buy more European government bonds.

Speaking at a forum on Monday, Lou Jiwei, chairman of China Investment Corporation (CIC), a sovereign wealth fund tasked with managing China’s foreign exchange reserves of US$3.2 trillion (RM9.7 trillion), said Merkel expressed her hope that long-term investors like CIC would buy German, French, Italian and Spanish debts.

“Some people think that there have been some positive improvements in the eurozone debt crisis in the short-term as the EU came up with some fiscal policies. But they have not got to the root of the problem and we should be able to see the effects in June or July,” he said.

He said it would be more likely for investors to invest in infrastructure and industrial projects, which would help in the economic recovery of the European nations.

In its editorial, People’s Daily said the eurozone debt crisis stemmed from the zone’s monetary and financial systems and its flaws in economic governance and policy-making mechanism.

“The unification of the euro currency has failed to promote fiscal unification because the EU member states are reluctant to give up their control over tax revenues,” it said.

“EU politicians may have the determination to safeguard the eurozone but they do not have fiscal resources which can be channelled in a unified way to troubled nations and do not have a proper mechanism to solve the debt issue. This has resulted in a worsening of the crisis.”

During its short trip to China, besides having deeper exchanges of views on EU-China relations with the Chinese leaders, the EU delegation was also on a mission to convince Chinese scholars and investors that Europe was on the right track to come through the crisis.

“Incomplete governance and surveillance in the euro area have caused imbalances and divergences in competitiveness. The sovereign debt crisis has been a wake-up call,” Barroso said.

“But the EU has acted decisively to tackle the crisis, strengthen economic governance, stabilise public finances and implement structural reforms such as the European Stability Mechanism and European Financial Stability Facility with a combined fund of €500bil (RM1.99 trillion) as financial aid for some member states.

“Other measures aimed at creating more jobs and ensuring sustainable growth include the EU2020 Strategy, a blueprint which will get the economy back on track over the next eight years with education, research and innovation as key drivers.

“In my view, what Europe has been doing, particularly during the most recent period, constitutes a basis for investors to regain confidence in Europe.”

Friday, 17 February 2012

US-China heralded a new 'great power relationship'

China seeks ‘great power relationship’ with U.S. but warns against meddling in Tibet, Taiwan

Jewel Samad/AFP/Getty Images
Jewel Samad/AFP/Getty Images

China's Vice President Xi Jinping: “China welcomes the United States playing a constructive role in promoting the peace, stability and prosperity of the Asia-Pacific region, and at the same time we hope the U.S. side will truly respect the interests and concerns of countries in the region, including China.”hare

By Chris Buckley and Doug Palmer

WASHINGTON – China’s Vice President Xi Jinping on Wednesday offered deeper co-operation with the United States on trade and hot spots like North Korea and Iran, but warned Washington to heed Beijing’s demands on Tibet, Taiwan and other contentious issues.

“Sino-U.S. relations stand at a new historic starting point,” China’s expected next leader told U.S. business groups after meetings on Tuesday with President Barack Obama and other top U.S. officials.

China and the United States should strive to create “a new type of great power relationship for the 21st century,” Xi said.

But he said the two powers also had to “strive to avoid misunderstandings and avert misjudgments” and should “truly respect each other’s core interests and major concerns.”

Xi’s visit to United States this week presents a chance for him to boost his international standing before his expected promotion to head of China’s communist party later this year and president of the world’s most populous nation in 2013.

Even as Xi continued his U.S. visit, Obama, at a campaign-style stop in Milwaukee, took aim at China’s trade practices, saying he will not stand idly by when American’s competitors “don’t play by the rules.” “I directed my administration to create a Trade Enforcement Unit with one job: investigating unfair trade practices in countries like China,” Obama told factory workers.

Xi met with House of Representatives Speaker John Boehner and Senate Majority Harry Reid on Wednesday morning and after his speech was headed to Iowa for the next leg of his trip, which finishes later this week in Los Angeles.

Xi addressed a number of sore spots in the U.S.-China relationship, including Beijing’s currency policy.

Many U.S. lawmakers complain the yuan is significantly undervalued, giving Chinese companies an unfair price advantage that helped lift the U.S. trade deficit with China to a record US$295.5-billion in 2011.

Xi said currency reforms already taken by Beijing helped boost U.S. exports to China to more than US$100-billion in 2011 and has significantly reduced China’s overall trade surplus.

“China has become the United States’ fastest growing export market,” Xi said. “The trade surplus as a proportion of GDP has been falling from over 7% to 2%, at a level internationally recognized as reasonable.”

U.S. Treasury Secretary Geithner acknowledged on Wednesday that Beijing is gradually letting its currency rise, but not fast enough to please the United States.

“We think they have some ways to go, we would like them to move more quickly,” he told a congressional panel.



SHARED CHALLENGES

Xi is poised to become China’s next leader following a decade in which it has risen to become the world’s second largest economy while the United States has fought two wars and endured the deepest and longest recession since the Great Depression that sapped its resources.

“The world is currently undergoing profound changes, and China and the United States face shared challenges and shared responsibilities in international affairs,” Xi said.

“We should further use bilateral and multilateral mechanisms to enhance coordination between China and the United States on hotspots, including developments on the Korean peninsula and the Iran nuclear issue,” he said.

At the same time, he urged Washington not to support movements in Taiwan and Tibet for independence.

China deems the self-ruled island of Taiwan to be an illegitimate breakaway from mainland rule since 1949, and has warned that the island must accept eventual reunification.

In recent years, tensions between the two sides of the Taiwan Strait have eased as economic flows have grown. But Beijing remains wary of U.S. involvement in the issue, which it calls an internal affair.

In early 2010, the Obama administrations decision to move forward with proposed arms sales to Taiwan triggered vehement criticism from Beijing, including warnings of sanctions against U.S. companies involved in the sales. Those warnings petered out, but Xi made clear that Taiwan remains an acute concern for Beijing’s dealings with Washington.

Tensions over Chinese control of Tibet have flared in past months when a succession of protests and self-immolations have exposed volatile discontent. Chinese officials have repeatedly blamed those tensions on separatists or supporters of the Dalai Lama, the exiled Buddhist leader of the region.

Xi also acknowledged the Obama administration’s recent “pivot” toward Asia, but warned it not to push too far.

“China welcomes the United States playing a constructive role in promoting the peace, stability and prosperity of the Asia-Pacific region, and at the same time we hope the U.S. side will truly respect the interests and concerns of countries in the region, including China.”

© Thomson Reuters 2012

Xi sees new 'starting point' for US-China ties

By Andrew Beatty (AFP) 

WASHINGTON — Chinese heir apparent Xi Jinping heralded "a new historical starting point" for ties with the United States, wooing US business leaders with a glimpse of a more cooperative future.

Speaking during a lavish ballroom luncheon with the upper crust of corporate America, Vice President Xi described deeper Sino-American ties as an "unstoppable river that keeps surging ahead."

Glossing over the tumultuous twists and turns in 30 years of Cold War-dominated relations, Xi said interests had become ever-more intertwined. "It is a course that cannot be stopped or reversed," he said.

Xi welcomed Washington's interest in the Asia Pacific region, and said cooperation was needed on a range of challenges from North Korea to Iran, so long as China's interests are also respected.

Xi is on his maiden visit to the United States as a top official, a trip many hope will help close a chapter in relations characterized by mistrust and mudslinging, particularly in the commercial sphere.

As the tectonic plates of global trade have shifted in recent decades, China and the United States -- the world's two largest economies -- have frequently collided, jutted and bumped against each other, sometimes to damaging effect for both.

With Xi widely tipped to lead China from 2013 and Obama in a November re-election battle, the visit is being seen as a dress rehearsal for the next generation of US-China relations.

During the trip, Xi has worked US constituencies key to the bilateral ties: official Washington, corporate leaders and, in Iowa, a return to small-town America which he visited more than two decades ago.

His stops in Washington have included the White House, the Pentagon, the State Department, Congress and the US-China Business Council.

Throughout his trip Xi has received the trappings of a state visit -- even if he is only head of state in waiting.

In a broad-ranging speech that was short on specifics Wednesday, Xi told business leaders that increased understanding, mutual respect for core interests, trade and cooperation in international affairs should form the basis for relations.

"Over the past 33 years since the establishment of diplomatic ties, the friendship between our two peoples has deepened, mutually beneficial cooperation has expanded and our interests have become increasingly interconnected," he said.

At the luncheon Xi was introduced by former US secretary of state Henry Kissinger whose secret trip to China in 1971 paved the way for the normalization of relations between Washington and Beijing.

The pair were flanked by a cadre of Chinese Communist Party officials, as well as executives from Coca Cola, Chevron, ConocoPhillips, Dow Chemical, DuPont, Procter & Gamble and Estee Lauder.

Coca Cola CEO Muhtar Kent expressed the cautious optimism felt in the US business community about future ties with China.

He described Xi's visit as "another important milestone toward building an enduring and constructive relationship between our two nations."

The Chinese vice president largely steered clear of specific policy pronouncements, but stressed the mutual benefits of trade, pointing out that 47 of 50 US states had seen their exports with China grow in the last decade.

Despite deepening ties, many Americans and their lawmakers angrily accuse Beijing of not playing by the rules.

They accuse China of keeping the value of its currency unfairly low to fuel inexpensive exports, which have catalyzed China's headlong dash toward becoming an economic superpower.

From June 2010, Beijing has allowed the yuan to rise 8.5 percent against the dollar, in part because of domestic inflation pressures -- making the yuan an increasingly dubious scapegoat for lopsided trade.

In the last decade, trade between the two countries has increased over 275 percent and is now worth half a trillion dollars a year.

But Chinese exports still make up 80 percent of bilateral trade, despite China joining the World Trade Organization a decade ago, leading to accusations of protectionism from US industry.

Xi, repeating a long standing gripe, said the US would need to reform its own trade restrictions on exports to China in order to right that imbalance.

"It is very important for addressing the China-US trade imbalance that the United States adjusts its economic policies and structure, including removing various restrictions on exports to China, in particular easing control on civilian high-tech exports to China as soon as possible," he said.

China has often blamed the US deficit on Washington's own rules on exporting sensitive equipment that could be adapted for military or intelligence use.

Copyright © 2012 AFP. All rights reserved

How frail the Malaysian unity!

How frail our unity is

WHY NOT? By WONG SAI WAN saiwan@thestar.com.my

Malaysians always boast about how we can live with each other but yet that multi-racial fabric is easily torn.

REPORTERS for English newspapers in Malaysia are taught from their very first day not to write their reports on racial lines but to promote national unity and, more importantly, not to incite racial hatred.

The most common example of this is reporting on court cases.

This is why court reporters go out of the way to find out the occupations of the protagonists in the trial.

More often than not, one would read in a paper like ours that “a factory worker was charged with stabbing a clerk at a shopping complex”, without reference to the ethnicity of the people involved.

The thinking of our newspaper gurus in the early days was that although we were made up of various communities, it was best we saw each other as Malaysians, and to mention someone’s ethnic background was considered bad form.

Of course, there was an underlying reason for it.

Editors those days were also conscious of promoting unity and maintaining good race relations.

Imagine the sort of problems that could arise if the story above read: “A Malay factory worker was charged with stabbing a Chinese clerk at a shopping complex.”

Such writing, it was argued, would do nothing for the development of the country or race relations.

In fact, there were some who argued that such a writing style would only inflame hatred, especially if the report was about violence.

It would not be wrong to say such thinking became even more pronounced after the racial riots of May 13, 1969.

I was taught this no-race mantra when I joined this newspaper in 1984. In fact, my editor told me, the mere mention of the name would be a dead giveaway of the person’s race (his words, not mine).



“Wong Sai Wan cannot be an Indian person” was his favourite reminder to me each time he caught me writing an article where I mentioned someone by his ethnicity.

However, things have changed over the past three decades.

Although most English language newspapers in this country still do not report crime and court articles according to ethnicity, most of us now allow mention of language or ethnicity if it gives perspective to an article, especially features.

After 40 years, we would have all thought that we would be mature enough to handle any form of differences without referring to it in terms of race or religion.

Along with the millions of other Malaysians, I often shake my head in disbelief when opportunist politicians try to use the race card to shore up their flagging popularity.

I was so proud to see young Malaysians reject the position taken by these older politicians from both sides of the divide and instead to treat any issue based on merit and not on the colour of one’s skin.

Since 2008, I have been slowly converted to the position that Malaysia has become mature enough to handle conflicts and criminal violence even if the perpetrators were identified by race or religion.

Yes, our society has created code words to describe each other and most of the time these descriptions are taken in good humour.

These code words evolve with time. For example, during my younger days, all Malays were referred to as Ah Mat, Chinese as Ah Chong and Indians as Muthu.

Nowadays, the nicknames have changed to Mat Rempit, Ah Beng and Macha.

These monikers are slightly crude, but not derogatory – at least that’s what I think and see from the reaction within our modern society.

However, then came the infamous I-City KFC incident.  It was a simple case of a restaurant worker losing his cool and punching a customer who obviously also lost his cool.

However, the incident, unlike similar fights that had happened numerous times in other restaurants, was captured on video and uploaded on YouTube.

It went viral after it was shared on Facebook. The clip was uploaded without moderation to give it some sort of perspective.

The person who taped it with a handphone described it as a fight at KFC.

What happened over the next few hours of the uploading of the video on cyberspace was truly disgusting. Malaysians put a racial slant on the incident.

Most of those who took the side of the customer, Danny Ng, were non-Malays, while the restaurant staff were mainly defended by Malays.

On Facebook, supporters on either side started to verbally attack each other – with some making up various stories of how the incident started, and the supposed quarrel between Ng and the staff.

The words used by the two groups to attack each other were derogatory and racist. The so-called unity we boast about was shattered.

Ng has since denied that the incident was racial in nature and clarified that neither he nor the KFC staff used any racial slurs.

However, those on the social media ignored this and continued to make all sorts of comments.

Facebook and YouTube are the most popular forms of social media. Opinions are shaped on these two websites.

Comments there become a strong reflection of the state of our own society.

Sadly, in this case, we failed big time. Malaysians have come across as immature, racist and unforgiving.

Malaysians need to show the world that we can handle ourselves, accept each other and celebrate our differences.

Fortunately, the “quarrel” occurred over cyberspace, and maybe it was a good place to let off steam without taking it into the real world.

This incident has shown that our unity is very fragile and our race relations far from adequate.

Our leaders must realise this and not rely on bigotry to gain popularity with only a certain segment of society.

> Executive Editor Wong Sai Wan loves his fried chicken but also hates poor service.

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Let’s all be Malaysians first !

S’pore escaping recession?

Govt reiterates 1%-3% GDP forecast for 2012 after smaller contraction

SINGAPORE: Singapore says it may avoid a recession despite the weak global economic outlook, after data showed the economy contracted less than expected in the last quarter of 2011 despite persistent weakness in electronics.

“The first month of trade numbers, export numbers are quite good,” Thia Jang Ping, a director at the Ministry of Trade and Industry, told a news conference.

“It's still too early to call, but our near-term indicators do not suggest an imminent danger of Singapore slipping very badly into a recession in the first quarter,” he added.

The economy shrank 2.5% in the fourth quarter from the preceding period on an annualised and seasonally adjusted basis, data showed yesterday.

Slowdown: Singapore’s port is seen through the downtown business district. The island nation says its trade and non-oil domestic exports are expected to grow by 3% to 5% this year, down from a rise of 8% and 2.2%, respectively, in 2011. — AP
 
The GDP data was better than an advance flash estimate of a 2.9% contraction, but worse than the median estimate for a 2.3 % decline by economists polled by Reuters.



From a year earlier, gross domestic product grew 3.6%. Singapore stocks and currency weakened yesterday although that was in line with the regional trend, with sentiment hit by a another delay in cementing a bailout package for Greece.

Singapore expects its economy to grow by 1% to 3% in 2012, down from last year's revised expansion of 4.9%, although it warned of risks to the forecast.

Asia is suffering the effects of slowing demand in the West, and the International Monetary Fund (IMF) last month warned that Europe's debt crisis could tip the world economy into recession.

A recession is often defined as two consecutive quarters of contraction, and Singapore, whose trade is three times GDP, tends to feel the chills from a deterioration in global economic conditions faster than most countries.

“Specifically, a disorderly sovereign default in the eurozone could precipitate a global financial crisis, while an escalation of geopolitical tension in the Middle East could trigger a global oil price shock,” Singapore's trade ministry said in a statement.

On Wednesday, South Korea said January exports fell 7% from a year ago in the biggest annual decline since October 2009, while Australia said its leading index of employment dropped in February in a sign that jobs growth could fall.

Singapore also said yesterday its trade and non-oil domestic exports were expected to grow by 3% to 5 % this year, down from a rise of 8% and 2.2%, respectively, in 2011. - Reuters

Is the Two-Party-Sytem becoming a Two-Race-System? Online spars started before Chua-Lim debate!

 All systems go for the showdown

IT'S all systems go as temperatures rise for the showdown between MCA president Dr Chua Soi Lek and DAP secretary general Lim Guan Eng at the Berjaya Times Square in Kuala Lumpur tomorrow (Feb 18, 2012)



The rules and format have been finalised for their debate on the topic: Is the Two-Party System Becoming a Two-Race System?

The debate in Mandarin will be aired live on Astro AEC (Channel 301) and repeated at 11pm on Saturday. Non-Mandarin speakers can also watch the debate in Bahasa Malaysia on Astro Awani(Channel 501). It can also be watched via live streaming on www.astro.com.my/bendiquan

About 600 seats have been allocated at the venue, including 200 each for MCA and DAP. The debate is jointly organised by the Asian Strategy and Leadership Institute and MCA think-tank Insap.

Battle of wits between Chua and Lim to be aired live on television

Reports by LIM WEY WEN, LEE YEN MUN, CHRISTINA TAN and CHIN MUI YOON

 KUALA LUMPUR: The showdown that will see MCA president Datuk Seri Dr Chua Soi Lek and Penang Chief Minister Lim Guan Eng engage in a battle of wits will be similar to the US presidential election debate.

Asian Strategy and Leadership Institute (Asli) director and chief executive officer Datuk Dr Michael Yeoh told The Star, however, that although the duel would resemble the American debate, this had been adapted to the local setting.

“All parties have agreed upon important matters like the seat allocation and structure of the debate,” Dr Yeoh said, adding that the 200 seats set aside for each political party would remain.

The one-hour debate titled “Is the two-party system becoming a two-race system?” starts at 5pm tomorrow.



Both Dr Chua and Lim will draw lots to determine who speaks first and they will then be allowed a few minutes to give their opening remarks on the topic.

After that, both speakers will be asked to answer one question posed by the moderator – historian and Kuala Lumpur and Selangor Chinese Assembly Hall chief executive officer Tan Ah Chai.

Shortly after, both speakers will field questions from the audience. They will then have the opportunity to give some closing remarks.

The debate will be conducted in Mandarin and will be aired live on Astro AEC (Channel 301).

In the channel’s special edition of News Talk, host Siow Hui Mei will facilitate a pre-debate panel discussion 30 minutes before its start.

A replay will be televised at 11pm the same day.

Viewers can catch the debate translated into Bahasa Malaysia on Astro Awani (Channel 501). They can also watch a live streaming of the programme via Astro’s BDQ website (www.astro.com.my/bendiquan).

Speaking experts give tips to Chua and Lim

By CHIN MUI YOON  newsdesk@thestar.com.my 

PETALING JAYA: Dress right, keep a cool head, inject some humour and maintain eye contact.

These are some of the tips from public speaking experts to MCA president Datuk Seri Dr Chua Soi Lek and Penang Chief Minister Lim Guan Eng as they face each other in the upcoming debate tomorrow.

According to them, the manner in which both men address issues affecting the nation will have far-reaching influence on how the public perceive their leadership, vision and values and, ultimately, affect how they cast their votes in the next general election.

Former TV newscaster and veteran event host Datuk Mahadzir Lokman advised the leaders to dress more casually to present a more approachable, people-centric appearance rather than a typical politician’s suit and tie.

“Our politicians tend to be very mundane in their choice of dressing,” he said.

“Of course, they can’t wear baggy jeans or T-shirts, but I do suggest a pair of slacks and short-sleeve cotton or linen shirt to appear as a down-to-earth wakil rakyat.”

Mahadzir opined that both speakers must articulate their points in a crisp and clear manner and added that he believed Dr Chua had an advantage here as he had strong oratory skills.

“He speaks very well and he is respected in the Chinese community as a taiko or big brother. To them, a taiko leads and has the right to do whatever he wants,” he said.

He added that both men must appeal to two segments of the Chinese community — the English-speaking and the Chinese educated —and that the latter would expect precise Mandarin with faultless grammar, pitch and intonation.

“I believe parts of the debate will be in English which is important as it is not just the Chinese who will be watching, everyone else will be too!”

Datuk Lawrence Chan, executive chairman of PDL Management Corporation and an international speaker and trainer, felt that “Dr Chua’s forte is his vast experience while Lim’s strengths are his youth and the long, hard way he took to reach the Chief Minister’s post.”

“But what will be vital for both is whether they can keep a cool head. In a debate, certain issues tend to invoke strong emotions, and the speakers can come across as authoritarian, which can put off people.

“Maintaining eye contact with the audience is also important, as are their non-verbal expressions which are there for all to see during a live debate. Sometimes it is not what’s being said that counts, it’s how they say it. If the speakers speak persuasively, even those who are neutral will swing to their side.

“I would also advise them to use some humour that is relevant, as people tend to remember such moments.”

According to Roshan Thiran, CEO of Leaderonomics, a leadership development social enterprise, leadership styles are driven by personalities.

“And as far as public perception goes, Lim is seen as a Gen X leader whom people can relate to easily.

“He has established an image as a leader who is approachable. It’s a positive trait but on the downside, he may take a while to respond to issues.

“Dr Chua, on the other hand, is a smart and savvy leader who has survived many crises in his political career. He is a leader who knows how to lead through different and difficult circumstances,” said Roshan.

He added that what would be important in a live debate would be for the two men to know how to leverage on their strengths while playing down their weaknesses.

Supporters spar online ahead of the main event

Reports by LIM WEY WEN, LEE YEN MUN, CHRISTINA TAN and CHIN MUI YOON


PUTRAJAYA: Supporters of both MCA president Datuk Seri Dr Chua Soi Lek and DAP secretary-general Lim Guan Eng are beating the war drums online as the political rivals prepare to face off in what has been dubbed the most anticipated debate of the year for the Chinese community.

Encouragement filled the Facebook pages of both Dr Chua and Lim while others took the opportunity to “thumb down” their opponents.

Dr Chua will square off with Lim tomorrow on the topic “Is the two-party system becoming a two-race system?” before a 600-strong audience at Berjaya Times Square in Kuala Lumpur.

“Big boss, drop the hammer down, show them that all promises made must be based on the political reality of Malaysia,” Facebook user Reon Lim wrote on Dr Chua’s page.

Another supporter, Ragvinder Singh Jessy, said: “Guan Eng is thrashed. He lacks substance in debates. He’s no match to your prowess.”

DAP supporters were equally enthusiastic about Lim, with some suggesting to the Penang Chief Minister to sport his signature “Brylcreem look” for good luck.

“We all kind of like it and miss it, don’t know why but that hairstyle gives you extra ‘uumphh’ and ‘pow-wah’ (power). Good luck, CM – we believe in you!” said Evelyn Hor, referring to Lim’s slick hairdo.

Those who did not manage to reserve a seat for the debate expressed their disappointment.

Although the debate will be aired live on Astro, some are unhappy because not everyone has access to satellite television.

“Why the free tv station no broadcast? I hope tv station in media prima or rtm can broadcast this, not everyone can watch through astro,” wrote Bernard Low Chun Sun on Dr Chua’s Facebook page.

The debate, organised by the Asian Strategy and Leadership Institute and MCA think-tank Insap, is part of a day-long forum on “The Chinese at a Political Crossroads in the Next General Election”.

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