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Sunday, 6 November 2016

Keep China's faith in us; Relationship with China is crucial, says expert

Prime Minister Datuk Seri Najib Razak (L) and China's Premier Li Keqiang at the Great Hall of the People, in Beijing. - EPA

Malaysia is on the right track. We have had a head start by becoming the first Asean country to forge diplomatic ties with the giant republic. Let’s build on that.


IT’S no longer a topic that is discussed in hushed tones at functions attended by diplomats and businessmen – that relations between China and Singapore are strained. It is out in the open.

The irony is that Singapore is the Asean coordinator for ties with China – and the latter has literally told the island republic to buck up.

The latest salvo against Singapore reportedly came from Chinese vice-minister for foreign affairs, Liu Zhenmin, who warned that as a non-claimant state in the South China Sea dispute, the island should stay away from commenting on the issue.

China’s top diplomat urged the republic to focus on coordinating dialogue between China and Asean – in short, he is effectively saying that Singapore is not doing a good job in that department.

China’s impatience with Singapore has been simmering for a while although it has never been out in the open. But in June, Global Times ran a commentary by Chinese Academy of Social Sciences researcher Cheng Bifan under the headline “Singapore has picked the wrong target in its balance of power strategy”.

The newspaper, regarded as a mouthpiece of the Chinese communist party, is also a subsidiary of the powerful People’s Daily.

Basically, China is irritated with Singapore for seemingly siding with the United States over the South China Sea issue.

Hong Kong’s South China Morning Post (SCMP) has reported that Internet users in China have delivered stinging criticisms, labelling Singapore a sycophant of the US, threatening that China would teach the tiny South-East Asian nation a lesson.

Particularly painful is the phrase they often use to mock Singapore: Li Jiapo, a play on the island’s name in Chinese, substituting the first two Chinese characters “Li Jia” or the “Lee family”, it reported.

The problem started after a tribunal in The Hague rejected China’s claims in the South China Sea dispute with Singapore Prime Minister Lee Hsien Loong saying that the verdict delivered a strong statement about international law in maritime disputes.

During a recent trip to the United States, Lee also reportedly told US President Barack Obama that Singapore hoped Washington would “remain actively engaged in the region.”

It doesn’t help that Singapore has allowed the US to deploy its P8 Poseidon spy plane to the city state. The US also operates from Japan and the Philippines, its two other allies.

But since Rodrigo Duterte, whose ancestors came from Xiamen, China, became president, the Philippines has shifted its sights –and is looking at China.

As the unhappiness builds up, the Global Times accused Singapore’s representative at the Non-Aligned Movement summit in Venezuela of trying – but failing – to add an endorsement of the Philippines’ international arbitration case against China’s territorial claims.

It added that the representative had become exasperated and made “sarcastic remarks” when the move was opposed.

The Singaporean envoy, however, hit back at the Global Times, for publishing an “irresponsible report replete with fabrications.”

His protestation, however, was met with defiance from the newspaper’s editor-in-chief, who stood by the article, accusing Singapore of “damaging China’s interests,” the Wall Street Journal reported.

According to envoy Stanley Loh, Singapore did not raise the South China Sea issue or the tribunal ruling at the summit. He said the proposal to revise the summit communique was made collectively by Asean, which wanted the document to reflect regional concerns over recent South China Sea tensions.

But Chinese diplomats and journalists, close to the communist party, have openly accused Singapore of “siding with the US to willingly play the troublemaker” over the thorny issue.

According to National University of Singapore’s Prof Wang Gungwu, it would not be in Singapore’s interest for China to doubt its friendship as the city-state has a big stake in China’s economic development.

Suspicion against Singapore is so great that, rightly or wrongly, some Chinese businessmen have blamed the island republic for holding back the building of the High Speed Rail between Malaysia and Singapore, suggesting that the island republic is “blocking and delaying” Malaysia’s readiness to award the project to China.

SCMP (owned by Chinese tycoon Jack Ma) which monitors events in China closely, quoted Wang Yiwei from the School of International Studies at China’s Renmin University as saying that he believed China’s “disappointment” with Singapore stemmed from Beijing’s initial hopes that the island state could play a role not just to bridge China and Asean, but with the US, the West and the global community.

Singapore had not adequately protected the overall and longterm interests of China and Asean, despite being the coordinator, he said.

“Instead, Singapore suggested that China accept the tribunal’s ruling. This was a huge turn-off for China,” Wang said.

In contrast, Malaysia-China relations have entered a new high. The “biggest deal” is not even the huge amount of businesses coming into the country but our commitment to buy four Chinese naval vessels, which are known as littoral mission ships (small craft that operate close to shore). Two are to be built in China and the other two in Malaysia.

Liu said the two countries were focusing on naval cooperation and that the deal marked a big leap in bilateral ties.

The defence deal also signalled that Malaysia wanted to have closer military-to-military relations with China.

The two nations also signed the framework for the RM55bil East Coast Rail Line, which will be China’s largest investment in Malaysia to date.

Najib, who was on a six-day visit to China, met President Xi Jinping on Thursday.

Malaysia Airlines Bhd also secured many direct flights from China, recently announcing that it would start flying to eight new destinations and 11 new routes in the republic from Kuala Lumpur, Kota Kinabalu and Penang, from early 2017. MAS is also hoping to add a second daily flight between KL and Shanghai in April 2017.

Although Malaysia is the Asean coordinator with the US, Prime Minister Datuk Seri Najib Tun Razak has played a remarkable role, balancing our link with the two superpowers.

And although Malaysia is a claimant to the territorial claims, Malaysia has restrained itself well, issuing cautious statements, without adding fuel to the rivalry between the two giants.

Najib’s diplomatic skills benefit Malaysia greatly. The domestic political fight should not be used to disrupt the strong ties between Malaysia and China.

Sarcastic innuendoes that “Malaysia is Red” does not augur well for Malaysia, which risks earning the wrath of China, at a time when the market is terribly weak.

Claims that the proposed ECRL project was overpriced, that the soft loan will come to RM92mil per kilometre, is nothing short of amusing.

China’s offer is said to be lower compared to what was offered by Japan and other European countries – and it comes with a soft loan.

The payment is over a tenure of 20 years and in the first seven years, Malaysia will not have to pay anything – neither interest nor repayment. Surely, that is attractive.

Najib has lobbied for China to increase its import of palm oil as it has dropped 50% in the first six months of the year.

Apparently, this was due to some negative reports and wrong perception of the nutritional value of palm oil, a common tactic used by Western countries to promote soy bean and other vegetable oils.

China used to be the largest importer of palm oil from Malaysia but it has fallen to third place, after India and Europe.

It is important that domestic politics should not come at the expense of losing the support of the Chinese. We are talking about the rice bowl of Malaysians and we don’t want selfish politicians to throw sand into our rice bowl.

It is one thing to score political points against Najib, by ridiculing his approaches to China for business deals, but it should not affect our economy.

For example, the number of Chinese visitors to Taiwan has reportedly fallen 22% since the island’s Beijing-sceptic government took office in May, with tourism operators saying that the industry is in a slump.

Hotels are only half full and thousands of tour buses are sitting idle, with observers saying the decline is due to China limiting tour groups to Taiwan amid rapidly cooling cross-strait ties, according to a report.

There was a boom in mainland tourists to Taiwan in recent years under former President Ma Ying-jeou’s Beijing-friendly government, with Chinese visitors accounting for about 40% of the total 10 million tourists last year, according to government figures.

However, in the months since President Tsai Ing-wen took office up to Aug 23, mainland visitor numbers have reportedly fallen 22.3% compared with the same period last year.

In Hong Kong, news reports of resentment against Chinese mainlanders and calls by some HK politicians for independence have resulted in a backlash with Chinese tourists staying away from HK.

The SCMP reported the decline in the month of the mini-golden week holiday – when Chinese tourists go on vacation – and this came as a blow to hopes that the city’s battered retail sector – which heavily relies on tourism spending – could improve soon.

Government statistics showed May retail sales decreasing 8.4% on a yearly basis after the April decline narrowed to 7.5%, from a 9.8% dip in March, marking the 15th consecutive month of contraction.

Hong Kong Retail Management Association chairman Thomson Cheng Waihung has predicted a double-digit decline in the first half of this year, which would be the worst in over a decade, as its members signalled that sales in June were “even worse than May”.

The reality is that China has become a economic superpower and we have had a headstart by becoming the first Asean country to forge diplomatic ties with China.

Through the efforts of the Chinese community here, the special ties have been further cemented, and that has allowed us to have a special place in the heart of China.

Malay extremists should learn to appreciate this special link, which has benefited Malaysia greatly, before they make careless and hurtful racist remarks that serve little purpose.

The billions pouring into Malaysia is staggering and surely, we are the envy of many other Asean countries. That is because China trusts us and we should keep and build on that faith in us.

By Wong Chun Wai The Star

Wong Chun Wai began his career as a journalist in Penang, and has served The Star for over 27 years in various capacities and roles. He is now the group's managing director/chief executive officer and formerly the group chief editor.

On The Beat made its debut on Feb 23 1997 and Chun Wai has penned the column weekly without a break, except for the occasional press holiday when the paper was not published. In May 2011, a compilation of selected articles of On The Beat was published as a book and launched in conjunction with his 50th birthday. Chun Wai also comments on current issues in The Star.

Relationship with China is crucial, says expert


Real talk: Dr Jacques delivering a public lecture on ‘China and the World in the 21st Century’, at the Institute of Diplomacy and Foreign Relations.

KUALA LUMPUR: The Sino-Malaysian relationship is crucial for the future of Malaysia, observed a China specialist.

“What is pivotal for Malaysia is to find the right way to engage China.

“There are going to be lots of problems and difficulties, and arguments within the country over this, but the key thing is that the process of engagement leads to the deepening of the relationship between Malaysia and China.

“There ain’t no escape route to Washington,” said Dr Martin Jacques.

Dr Jacques, the author of When China Rules the World: The End of the Western World and the Birth of a New Global Order, is in Malaysia to share his insights on the rise of China and its impact to the world.

He was speaking at a talk entitled “China and the World in the 21st Century” at the Institute of Diplomacy and Foreign Relations (IDFR) yesterday, which was jointly organised by International Move­ment for A Just World and IDFR.

Analysing Malaysia-China ties, Dr Jacques said China liked and respected Malaysia, which was the first country in the region to recognise China in 1974, despite the fact that both were claimants in the resource-rich South China Sea.

“The Chinese do appreciate longevity in the relationship. You are seen as an old friend.

“I have never heard the Chinese leaders or people in its Foreign Ministry being critical of Malaysia.

“They always have good things to say, and even love to use Malaysia as an example of how you can have differences and a strong relationship at the same time,” he told reporters after the talk.

On balancing between the participation in China’s Belt and Road and in the US-led Trans-Pacific Partner­ship (TPP), Dr Jacques’ advice for Malaysia was to make suggestions and take initiatives on the Maritime Silk Road as he did not think TPP is “going to happen”.

“I didn’t think it was a good move for Malaysia to sign up for TPP. That was a mistake,” he said.

Instead, Malaysia should “go for it” in terms of cooperation with China on the Belt and Road and think more strategically on what it wants with China, he added.

During Prime Minister Datuk Seri Najib Tun Razak’s recent visit to Beijing, he witnessed the signing of 14 business-to-business memorandums of understanding (MoUs) valued at RM143bil, and the signing of 14 government-to-government MoUs to strengthen bilateral trade and economic, cultural and defence cooperation.

Financing for the RM55bil East Coast Rail Line was also secured from China

By Tho Xin Yi The Star

Martin Jacques: China's rise to power

https://youtu.be/7NiIv9Nje3o

"How China will Change the World" by Dr Martin Jacques

https://youtu.be/ULMjBzESySc

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Reel in the Chinese investments 

BARELY after Prime Minister Datuk Seri Najib Tun Razak ended his four-day official visit to China on Friday, The Star was told by an investment adviser that some businessmen in China could not wait to speed up their investment decisions in Malaysia.




Analysis by Joceline Tan

Game-changer from China visit

Datuk Seri Najib Tun Razak’s state visit to China has yielded an amazing buffet of MoUs that could set the momentum for an economic spur ahead of the general election next year.

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Thursday, 3 November 2016

We need to come out against a third world war

https://youtu.be/EpF0U7lUVdk

IS A WAR in the making – a third world war? If there is much talk about such a possibility, it is mainly because of the tensions between the United States and Russia.

Tensions between the two most powerful nuclear states in the world have never been this high since the end of the Cold War in 1989 and the demise of the Soviet Union in 1991.

There are at least two flash points, one more dangerous than the other. In Eastern Ukraine, Russian backed rebels will not surrender to the US supported regime in Kiev because they see US control over Ukraine as part of a much larger agenda to expand Nato power to the very borders of Russia. This has been happening for some years now.

But it is the Washington-Moscow confrontation in Allepo, Syria which portends to a huge conflagration. The US is protective of major militant groups such as Al-Nusra which has besieged Eastern Allepo and is seeking to overthrow the Bashar al-Assad government.

Washington has also set its sight on "regime change" in Damascus ever since the latter's determined resistance to Israeli occupation of the strategic Golan Heights in Syria from 1967.

The drive for regime change intensified with the US-Israeli quest for a "new Middle East" following the Anglo-American invasion and occupation of Iraq in 2003. It became more pronounced in 2009 when Bashar al-Assad rejected a proposal to allow a gas pipe-line from Qatar to Europe to pass through his country, a pipe-line which would have reduced Europe's dependence upon Russia for gas.

Russia of course has been a long-standing ally of Syria. Together with Iran and the Lebanese Hezbollah, it is helping the Syrian government to break the siege of Eastern Allepo and to defeat militants in other parts of Syria.

It is obvious that in both instances, in Ukraine and Syria, the US has not been able to achieve what it wants. The US has also been stymied in Southeast Asia where its attempt to re-assert its power through its 2010 Pivot to Asia policy has suffered a serious setback as a result of the decision of the new president of the Philippines, Rodrigo Duterte, to pursue an independent foreign policy that no longer adheres blindly to US interests.

At the same time, China continues to expand and enhance its economic strength in Asia and the world through its One Belt One Road projects and the Asia Infrastructure Investment Bank and via its leadership of BRICS.

China's regional and global economic role is leading to its pronounced presence in security and military matters. As a result of all this, the US's imperial power has clearly diminished. It is a hegemon in decline.

It is because it is not prepared to accept its decline that some US generals are threatening to demonstrate US's military might. If a hegemon is a danger to humankind when it is at its pinnacle, it becomes an even greater threat to peace when its power is diminishing.

Like a wounded tiger, it becomes even more furious and ferocious. A new US president may be inclined to give vent to this frustration through an arrogant display of military power.

How can we check such wanton arrogance? There will be elements in the elite stratum of US society itself who would be opposed to the US going to war.

We saw a bit of this in 2013 when those who were itching to launch military strikes against Syria based upon dubious "evidence" of the government's use of chemical weapons were thwarted by others with a saner view of the consequences of war. It is also important to observe that none of the US's major allies in Europe wants a war.

Burdened by severe challenges related to the economy and migration, the governments know that their citizens will reject any move towards war either on the borders of Russia or in Syria and West Asia.

This also suggests that a self-absorbed European citizenry may not have the enthusiasm to mobilise against an imminent war. Let us not forget that it was in European cities from London to Berlin that the biggest demonstrations against the war in Iraq took place in 2003.

Anti-war protests will have to be initiated elsewhere this time.

Governments in Moscow and Beijing, in Teheran and Jakarta, in Pretoria and La Paz, should come out openly against war. They should encourage other governments in the Global South and the Global North to denounce any move towards a war that will engulf the whole of humanity.

Citizens all over the world should condemn war through a variety of strategies ranging from signature campaigns and letters to the media to public rallies and street demonstrations.

In this campaign against an imminent war, the media, both conventional and alternative, will have a huge role to play.

It is unfortunate that well-known media outlets in the West have supported war in the past. It is time that they atone for their sins!

By Chandra Muzaffar

Dr Chandra Muzaffar is the president of the International Movement for a Just World (JUST). Comments: letters@thesundaily.com

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J-20 stealth fighter, Y-20 transport plane show China's advances in technology

https://youtu.be/5iWUSTPeKQA

J-20 stealth fighter makes public debut

The 11th China International Aviation & Aerospace Exhibition -- or Airshow China – got underway on Tuesday in the southern city of Zhuhai in Guangdong Province. The event runs until November 6th. One of the highlights this year is the public debut of J-20 stealth fighter.
The latest J-20 stealth fighter jet during a demonstration flight at Air Show China in Zhuhai city, South China's Guangdong province, on Nov 1, 2016. The J-20 stealth fighter jet is said to be the third stealth fighter jet in the world to be used after the United States' F-22 Raptor and F-35 Lightning II. [Photo by Feng Yongbin/China Daily]


China's new-generation military transport aircraft, the Y-20, sits on the tarmac in preparation for the China International Aviation & Aerospace Exhibition 2016, which opens Tuesday in Zhuhai, Guangdong Province. Photo: Cui Meng/GT
China's new-generation military transport aircraft, the Y-20, sits on the tarmac in preparation for the China International Aviation & Aerospace Exhibition 2016, which opens Tuesday in Zhuhai, Guangdong Province. Photo: Cui Meng/GT


Industry professionals and the public get a chance to see China's latest development in military and civil aircraft technology at a much-anticipated air show on Tuesday in South China.

A number of civilian aircraft and military jets, including the J-20 stealth fighter plane, will be showcased for the first time during the six-day China International Aviation and Aerospace Exhibition 2016, or Airshow China, in Zhuhai, South China's Guangdong Province.

The exhibit's organizer, Zhuhai Airshow Co. Ltd, said this year's air show features over 700 domestic and foreign exhibitors from 42 countries and regions. Foreign exhibitors include those from Russia, Ukraine, France, Czech Republic and the US, and it's the first time an Austrian delegation will attend the show.

The air show has attracted eight out of 12 major Chinese national military companies (except those in the shipbuilding and nuclear industry), including the Aviation Industry Corporation of China (AVIC) and China Aerospace Science and Technology Corporation (CASC).

AVIC president Tan Ruisong told a press conference Monday that this year's exhibit marks Airshow China's 20th anniversary, so AVIC will unveil a series of "20s," including the heavy-load transport aircraft Y-20 and the J-20 stealth fighter. Probably the biggest draw at this year's air show, the J-20 will put on a flight exhibition.

Song Zongping, a Beijing-based military expert who served in the Second Artillery Corps of the People's Liberation Army (PLA) (now called the Rocket Force), told the Global Times on Monday, "Normally, a product series contains at least three to four products. We have seen the Y-20 and J-20, and in the future, we will also have the Z-20 utility helicopter and perhaps the H-20 strategic stealth bomber, although they are very unlikely to appear in this year's air show."

Previous reports said the J-20 is China's domestically built fifth-generation fighter jet, which represents the most advanced technology and combat capability of Chinese fighter jets. Currently, only the US (F-22 and F-35), China (J-20 and J-31) and Russia (T-50) have fifth generation stealth fighter jets.

The J-20's debut in Zhuhai will showcase Chinese Air Force technological strength, which has quickly been advancing, Song said.

"The J-20 will be handed to Chinese Air Force very soon," Zhang Xinguo, AVIC vice president, said at Monday's press conference..

Zhang stressed that "our research and development on the fifth generation fighter jet is based on China's strategic and defense needs," so the J-20 is very different from the US' F-22 and F-35. "Our country's strategic purpose is to defend our territory and maintain peace rather than a global strategy, and we don't require global deployment."

Zhang said "if other countries have similar strategic needs as we have, then I believe they will come to us [to purchase the J-20]."

Chinese drones

The CH-5, a China-made unmanned aerial vehicles (UAV) or drone, which is a new CASC product, will also make its first public appearance. The past few years have seen the quick development of China's UAVs, Song said, "not only from State-run military companies but civilian ones as well, who also joined in the research and development."

In the past, only the US had the capability to use UAVs for targeted strikes on its enemies, but because Chinese UAVs have been exported, many countries also have this capability.

Shi Wen, the CH-5's chief engineer, told the Global Times that "the CH series UAVs are very popular in countries involved in the "One Belt and One Road" initiative. "Countries facing conflicts such as Syria and Iraq have already been using Chinese UAVs to strike terrorist strongholds," Song said.

Dozens of military and civilian UAVs will also be displayed at the air show.

Zhuhai Airshow Co. Ltd stressed that the fast developing UAV market is a result of "civilian-military integration and the peaceful use of military-industrial technology."

As the highlight of Airshow China, military aircraft from China and abroad will perform.

This year, five exhibition flight teams from China, Russia, Pakistan and the UK will perform. Russia sent two teams, and this will be the first time that the British Royal Air Force Aerobatics Team, dubbed the Red Arrows, will perform in Zhuhai.

Newspaper headline: Latest aircraft debut at air show


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Penang Star Property Fair at Queensbay Mall 2016

Developers all smiles with results


Great response: Visitors looking at the scale model displayed at the Ideal Property Group exhibition booth at the StarProperty.my Fair at Queensbay Mall in Bayan Lepas, Penang.

GEORGE TOWN: Ten developers generated RM144mil in sales during the four-day StarProperty.my Fair 2016 held at Queensbay Mall.

About RM60mil came from the properties marketed by Zeon Properties Sdn Bhd, which are Ewein Zenith’s City of Dreams, Aroma Development’s Starhill, Devoteshens Sdn Bhd’s My Sakura 28, Tawakar Group’s 98 Residence, Stallion Group’s Vos, and Bionic Land’s Prominence.

The sale of projects from Ideal Property, Asia Green, CI Medini and Aspen Group generated the remaining RM84mil.

Ideal Property general manager (sales & marketing) Nancy Teo said the turnout was not disappointing.

“Given the current economic challenges, we are satisfied with our sales, which was about RM15mil for the past four days.

“There are several hundred potential buyers with whom we need to follow up after the fair.

“They have indicated their interests to view our show units,” she said.

Asia Green creative director Mei Tan said the buyers for QuayWest and The Clovers were those who wanted to upgrade their lifestyle with a new house.

“We sold RM6mil worth of properties during the four-day fair.

“The QuayWest and The Clovers are respectively 50% and 80% sold,” she said.

CI Medini’s marketing director Datuk Seri Jacky Ker said the company generated about RM50mil in sales at the fair with the sale of 70 units of multi-storey shop units in the Ion Axxes project.

Developers such as IJM Land Bhd, Mah Sing Group Bhd, Sunway Bhd and Eco World Development Group Bhd also received overwhelming responses for their projects.

Mah Sing senior chief operation officer Seth Lim said a big pool of visitors were young families.

“Some of the buyers looked into getting a second property or explored investment opportunities.

“We are happy with the response as we were able to secure a few hundred registrations,” Lim added.

EcoWorld general manager Khoo Teck Chong said the group received hundreds of enquiries for the Eco Bloom project in Simpang Ampat.

“Taking advantage of the low interest rates in the market, we also plan to launch the RM8bil Eco Horizon and Eco Sun mixed-development projects in Batu Kawan next year,” Khoo added.

IJM Land senior general manager Datuk Toh Chin Leong said the group planned to launch the Waterside Residence project for the second phase of The Light Waterfront scheme next month.

“The sales of our current projects like the Trehaus in Bukit Jambul and Permatang Sanctuary in Bukit Mertajam should help us achieve the targeted RM240mil revenue for Penang.

“Last year, the revenue contribution from Penang was RM168mil.

“Next year we will launch the Senjayu in Jawi, 3 Residence at Karpal Singh Drive and The Terraces Condominium in Bukit Jambul,” Toh added.

Experts share nuggets of wisdom with house-hunting visitors at the fair




PENANG, acknowledged by CNN as one of the best places to retire in the world, continues to attract numerous interest in its property sector, said Zeon Properties group chief executive officer Leon Lee.

He said Penang partnering Temasek Holdings in developing the Penang Technology Park would create 30,000 job opportunities in the near future, and this would in turn boost the property demand.

“The state recorded 10% growth in arrivals via the Penang International Airport in 2014 from six million to 6.6 million in 2015. And it is expected to increase to eight million this year.

“A growing economy, international recognition from our various accolades, improved state policy and welfare as well as the moderate cost of living will continue to attract people.

“On the island, 67% of the land is occupied by hills and forest reserves which cannot be used for development. This is why property prices will continue to soar,” he said in his talk on ‘Penang Property Outlook: Why Invest in Penang?’ at the StarProperty.my Fair 2016 in Queensbay Mall.


 Meanwhile, Prof Joe Choo said first-time home buyers should weigh their decision carefully in picking the property.
 
In her talk on ‘Feng Shui Tip to Enrich Your Life’, she advised those buying their second property for business or to upgrade to ensure that it faced the same direction as the first one because that was the direction where they made their money.

Property investors were also urged to bear in mind the ‘stay, work and play’ motto before buying properties.

Freemind Works founder and property investment coach Kaygarn Tan said an ideal investment should come from city living that integrates the way in which people live, work, shop and play.

He cited Bayan Lepas as a good example in his talk ‘How to Get Better than Average Rental Yield’.

“We have Queensbay Mall and the Bayan Lepas Free Trade Zone in the area.

“So getting a property here is a good option as the elements of work, play and shop will surely complement the living aspect.

“Remember, all the components must co-exist within a 5km-radius,” he said.

Meanwhile, Diligent Planners Sdn Bhd founder Vince Chia said young people should get their first home even if it had to come from the secondary market.

He said houses priced between RM200,000 and RM250,000 in the secondary market were considered good options.

“Servicing a bank loan of less than RM250,000 should be considered comfortable for a fresh graduate with a RM3,000 monthly income.

“After all, you will probably be staying alone at first. You can upgrade in a few years’ time.

“If you are getting a ‘start-up’ home, forget about getting a house worth more than RM700,000.

“It’s a burden,” he said in his talk titled ‘Easy loan approval like 1-2-3’.

Full-time property investor and trainer Rachel Lim encouraged the visitors to look at the rental and capital appreciation of properties before investing.

“Do not simply jump into an investment but instead look for fundamentally good properties.

“It is a ‘bargain sale market’ during an economic slowdown. We should be excited, grab the opportunity and buy good properties,” she said in her talk on ‘Boom or Burst 2017 Malaysia Property Market.

REI Group of Companies CEO and co-founder Dr Daniele Gambero spoke on ‘Penang Transportation Master Plan: The Secret Unveiled: 10 Years Gold Mine for Smart Propenomy Investors’.

LRT project boost for property near FIZ - Properties around industrial zone soaring in value due to upcoming LRT project





“One of them is the Trehaus project which comprises condominium villas and semi-detached villas,” she said.

PROPERTIES located within the proximity of the Free Industrial Zone (FIZ) which has been earmarked for the LRT line were the most sought-after at the StarProperty.my Fair 2016 in Penang.

C.M. Ong, 32, who works in Bayan Lepas, said he was looking for a high-rise unit near the FIZ as an investment which could generate better yield in rental.

“It is good to consider a location where there will be major infrastructure developments.

“The area is also close to the Queensbay Mall.

“I understand that the property value in FIZ has shown a steady increase for the past five years due to the number of fresh amenities in the area,” he said yesterday.

He was checking out the condominiums in Tropicana Bay Residences in Bayan Mutiara by Tropicana Ivory Sdn Bhd.

Air freight clerk Naseem Ali Shaik Othman, 38, said the Triuni Residences within The Sanctuary masterplan by the Runnymede Group of Companies offered the best of both worlds as an urban resort condominium.

“The appeal is the location in Batu Uban, where it is easily connected to the Bayan Lepas area and George Town. We like the urban setting, the sea view and resortstyle amenities,” he said.

The father of four said the gated and guarded safety feature would also provide a safer environment and community to raise a family.

Administrator Nor Syahira Roslan, 23, said her preferred location was Bukit Jambul as it was close to her parent’s house.

“I would prefer a landed property as it offers better privacy.

“The value of a landed property, as I understand, also appreciates faster and is more stable.

“The Bukit Jambul area has a wide range of landed properties up for sale.

“One of them is the Trehaus project which comprises condominium villas and semi-detached villas,” she said.  - The Star

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Thursday, 27 October 2016

China needs strong core leadership: media survey


‘Transitional period demands strong administration’

Chinese people believe that a strong central leadership is indispensable for the rise of the country, and highly anticipate further confirmation of the role of the core leadership by President Xi Jinping during this period of historic significance, according to a poll recently released by a magazine affiliated with the People's Daily.

The survey, conducted by the People's Tribune, a magazine affiliated with the newspaper, through questionnaires, face-to-face and telephone interviews, as well as online polls between April 15 and September 8, interviewed 15,596 people living in cities and rural areas. The survey results were released earlier this month.

The main findings were that a strong central leadership as well as a pioneering figure is especially critical for a rising world power, and that as president and general secretary of the Communist Party of China (CPC) Central Committee, Xi, with full leadership qualities, is supported whole-heartedly by a wide range of officials and people.

To the question of why a country in a transitional period needs a strong central leadership, most respondents strongly agreed that it is vital to safeguard a country's sovereignty and national security, putting the approval rate at 4.50, on a 5-point scale from disagree to complete approval, the survey found. This is followed by the number of respondents who think that core leadership is as important to "guide the nation toward a lofty goal" or that it was "particularly important for a populous and multi-ethnic country."

This year, the necessity for strong leadership has been a theme expounded by many media organizations.

The Guangming Daily on October 9 published a commentary by Fan Dezhi, a senior official at the Party History Research Center of the CPC Central Committee, which asserted that "A strong core leadership is needed more than ever before to achieve the great dream of the renewal of the Chinese nation."

To promote the core leadership of the Party, the priority is to "conform with the CPC Central Committee, with General Secretary Xi Jinping as well as with the Party's theories, guidelines, principles and policies," read a commentary in the Qiushi Journal in March, the flagship magazine of the CPC Central Committee.

Social and political stability, which can be realized by a potent government backed by public support, is the prerequisite for a smooth transition and reform of any country, said Zhi Zhenfeng, a legal expert at the Chinese Academy of Social Sciences.

"Both the rise of great Western powers and the rapid development of developing countries needed a strong core leadership and powerful government," Zhuang Deshui, deputy director of the Research Center for Government Integrity-Building at Peking University, told the Global Times.

Zhuang cited the examples of Otto von Bismarck who unified Germany in the 19th century and the strong Japanese government that carried out Meiji Restoration to bring about its modernization and Westernization.

China should unwaveringly uphold the CPC's leadership if it hopes to realize a stable and sustainable development, Zhang Dejiang, chairman of the National People's Congress Standing Committee, said in March, adding that everyone should conform to the ideology and actions of the CPC Central Committee with Xi as general secretary.

"Since China faces complicated situations in different areas, coupled with a huge population, only a strong core leadership is able to coordinate the interests of different groups while taking full account of the majority of its nationals," Zhuang noted.

Zhi said a lack of consciousness of "the core" has made a few local officials and Party members fail to follow or strictly implement the policies issued by the CPC Central Committee.

Charismatic leadership

The People's Tribune poll found that the Chinese people are drawn to the charisma of Xi. The survey found that most respondents believe that Xi has leadership qualities, namely "strategic willpower with full confidence," "bravery to tackle problems head-on" and "intelligence to cure both the symptoms and root causes of problems." The list is rounded out by "top-level design with wisdom and philosophy" and "personal charisma to set an example for others."

When asked which trait is essential for a core leadership to give full play in reality, 79.13 percent of those surveyed said a "leader of integrity and ability."

In addition, the poll results showed that people from all walks of life highly anticipate the further confirmation of Xi's role as the core of the leadership.

Without releasing the specific data, the survey found that most respondents believe that officials that lacked "the consciousness of the core" would go astray and lose their sense of responsibility or discipline.

"Only by establishing authority in the CPC Central Committee can the Party and the nation be forceful. In this sense, firmly espousing Xi as the core is a matter of direction, principle and realistic needs," the magazine quoted anonymous officials who participated in the poll.

Therefore, we should further strengthen the consciousness of the core in the Party and across the country, improve intra-Party political life and the leadership system of the Party and the State, and further confirm Xi's core role in the critical rise of China, said the survey report. - Global Times.

The Express Tribune 
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