China and Malaysia avoid embarrassment with rail project revival

Mahathir hopeful for more investment after bilateral confidence restored

The agreement signals Malaysia's foreign policy direction vis-a-vis a major power under Mahathir, who is seeking direct investment to sustain economic growth from slowing further. (Nikkei Montage)

CK TAN, Nikkei staff writer

April 15, 2019 18:26 JST

SHANGHAI -- Prime Minister Mahathir Mohamad of Malaysia on Monday hailed an infrastructure deal with China as being mutually beneficial for both countries, a stark difference from his threat to walk away from the pact just months ago.