tag:blogger.com,1999:blog-600802170849928872.post7273962426032612236..comments2023-10-29T15:18:25.355+08:00Comments on de minimis: Wo ai Zhong-guo rende minimishttp://www.blogger.com/profile/06478671079348612565noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-600802170849928872.post-90329067932073918612009-11-14T10:48:09.191+08:002009-11-14T10:48:09.191+08:00Yeah, by the time the dust settles on this "I...Yeah, by the time the dust settles on this "I love Chinese" binge, we will know the <i>true cost</i> of doing business with these purveyors of cut-rate imitation goods.<br /><br />At least the Japanese and Koreans delivered reasonably good quality buildings, roads and bridges although the hidden costs nullified any justification for selecting them in the first place.<br /><br />The Chinese will deliver <i>shoddy work</i> <b>plus</b> the cost overruns and hidden costs. And just see how these one-party staters handle the labourers and local support crew. It'll be a social timebomb of our own making. The same chain-gang that wreaked havoc in the Congo and Papua New Guinea and Nauru will probably make their way here beyond the railway and bridge construction sites into our deep hinterland in search of whatever they could get their hands on ... with the aid of local collaborators.<br /><br />Yeah, let's see whether you'll be singing the "I love Chinese" tune three years from now ... <i>unless</i> of course you somehow see yourself as "Chinese" first and Malaysian second, hence the raison d'etre of your post.ex-EPUnoreply@blogger.comtag:blogger.com,1999:blog-600802170849928872.post-6602010352638205272009-11-14T05:10:31.493+08:002009-11-14T05:10:31.493+08:00Haha...you gullible! You got the wrong impression ...Haha...you gullible! You got the wrong impression here. Wo ai Zhong-guo ren de Qian.$$. <br /><br />Those are prostitutes, there's no way they'll love you for real.hvoyaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-600802170849928872.post-79123571441470538162009-11-13T15:34:05.446+08:002009-11-13T15:34:05.446+08:00It worries me that M'sia might me overdoing th...It worries me that M'sia might me overdoing this courting China bit.<br /><br />One of the 1st rules of biz is to have a reasonable spread of customers and suppliers so as not to be held hostage by any single entity or be adversely affected by the failure of one.<br /><br />We saw the effect on China and its 'factories of the world' when USA and Europe were severely hit by the recent global economic downturn and how IT outsourcing outfits in India were similarly rocked.<br /><br />Thus, with the railway project, our Govt should go for an open tender. More so since the double tracking project started during Dr.M time with estimates of $45 billion, downsized to 22 to 18 until Syed Mokhtar came in with an offer of 14.5 billion while talk was rife in the market that he was looking for a $9 billion 100% sub-contractor!!<br /><br />Ircon of India was also previously awarded a letter of intent for the same project which was hastily withdrawn by the EPU. I believe CREC of China was also unable to move despite 2 letters of intent.<br /><br />We have seen how in the 80-'s onwards, the Japanese Govt came in with cheap financing deals for M'sia and then locked us in with OTT consultants' costs and equipment and capex costs which more than made up for low interest and financing deals!<br /><br />The current $4 billion Pahang-Selangor Water Tunnel Contract with Shimitzu is mired in this type of hidden costs!<br /><br />So, beware of 'Greeks bearing gifts'!!<br /><br />dpp<br />We are all of 1 race, the Human raceDonplaypuks®https://www.blogger.com/profile/14885751307558636916noreply@blogger.com