Is a current top ten hit for Weeknd, the artist they say, who could be the next Michael Jackson.
In South East Asia though, the biggest PARTY MONSTER is China, and with that those who had "SULA" PM Najib, must ask themselves, after reading this Bloomberg article below, if Najib Razak was merely cutting the best deal for Malaysia, when he went to China, and that their criticism of the Prime Minister was mere politics and NOTHING to do with economic realities.
Read, the Bloomberg article below :
FDI into six largest Asean countries has doubled this year
Faster economic growth, tourism helping to support sentiment
China is embracing Southeast Asia with a renewed trade and investment push, a trend that’s set to accelerate as the region grapples with the prospect of a more protectionist U.S. under Donald Trump.
Aside from courting Southeast Asian nations with a proposal for a trade pact, China has almost doubled foreign direct investment into the six biggest nations in the region this year, according to estimates from Credit Suisse Group AG. The world’s second-largest economy is already the top trading partner for most of the countries in the region.
“China has a clear angle, they know what they want from this kind of mutually beneficial growth,” said Santitarn Sathirathai, an economist at Credit Suisse in Singapore. “But it’s not only government to government anymore, there’s also a rise of private companies taking a bigger initiative.”
While the U.S. is the largest investor in the Philippines, China is poised to take that title next year with $24 billion of hard and soft investment and $2.5 billion in inflows, according to estimates from HSBC Holdings Plc.
China unveiled a range of steps to strengthen economic ties with the Philippines, including boosting agricultural imports, encouraging companies to invest there, financing infrastructure projects, and lifting restrictions on foreign investment.
Indonesia Surge
Credit Suisse estimates Chinese FDI in the six largest economies in the Association of Southeast Asian Nations will reach about $16 billion this year. China already accounts for 30 percent of all FDI into Thailand, and 20 percent into Malaysia, according to the bank.
