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“Flowing water cannot be severed” — How Xi Jinping promotes China-Malaysia friendship

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“Flowing water cannot be severed” — How Xi Jinping promotes China-Malaysia friendship
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by Xinhua writer Zhao Bochao

BEIJING, April 11 (Xinhua) — Over three decades ago, when Xi Jinping, then the top official of China’s southeastern city of Fuzhou, visited Malaysia on an investment promotion trip, he found himself deeply impressed by two symbolic sites.

One is the Poh San Teng Temple, a long-standing homage to renowned Chinese navigator Zheng He (1371-1433) of the Ming Dynasty. The other is the city of Sibu, which became known as « New Fuzhou » after Wong Nai Siong, a Fuzhou native, migrated to Malaysia with over 1,000 Chinese people more than a century ago.

Both places testify to the millennium-old China-Malaysia friendship, a bond Xi has repeatedly pledged to inherit and cement as China’s head of state. During a 2013 visit to Malaysia, he quoted a local proverb to illustrate the commitment: « Flowing water cannot be severed. »

It was also during that Southeast Asia tour to Indonesia and Malaysia that Xi invoked again the legacy of Zheng He and put forward the 21st Century Maritime Silk Road, an essential component of the Belt and Road Initiative (BRI).

Now as Xi travels to Malaysia for a new state visit, the two nations are poised to further build on their time-honored friendship and fruitful cooperation, and steer bilateral relations toward a more promising shared future in the new era.

COOPERATION ON FAST TRACK

On a hillside overlooking the East Coast Rail Link (ECRL) project in Malaysia’s eastern state of Pahang, a string of bold Chinese and Malay characters stand out against the landscape: « Extensive consultation, joint contribution, shared benefits — building a better future. »

The phrase, concise and resonant, is the main tenet of the BRI, which has now become a leading global infrastructure and development framework and fostered a host of flourishing partnerships across continents.

As a vital node along the ancient Maritime Silk Road, Malaysia is among the first to participate in Belt and Road cooperation. Thanks to joint efforts and Xi’s steadfast push, bilateral collaboration within the BRI framework has borne rich fruit.

This photo shows the launching site of the East Coast Rail Link project in Kuantan, Malaysia, on Dec. 11, 2023. (Photo by Xu Xinyu/Xinhua)

A notable example is the ECRL, a 665-km railway whose construction is in full swing. In a sign of the importance Xi attaches to the flagship project, he dispatched a special envoy to its launch in 2017. During his meeting with Malaysia’s King Sultan Ibrahim Sultan Iskandar in Beijing last September, Xi once again called for concerted efforts to ensure its success.

The railway, once completed, will bridge Malaysia’s less-developed east coast with its economic powerhouse on the west coast, enhancing connectivity and fostering balanced growth. It will also potentially link up with the China-Laos and China-Thailand rail networks, all part of the New International Land-Sea Trade Corridor, a vital international trade route.

« If that were to materialize, the ECRL would be able to tap into Thailand’s entire rail network and link with Kunming in southwestern China, via Laos, achieving greater free flow of goods and passengers within the region, » said Malaysian Transport Minister Anthony Loke Siew Fook.

Beyond the rail project, China-Malaysia collaboration is expanding across the horizon. China has remained Malaysia’s largest trading partner for 16 consecutive years, with the volume hitting an all-time high of 212.04 billion U.S. dollars in 2024. In recent years, Malaysia’s tropical fruits such as durian, mangosteen and jackfruit have become increasingly popular among Chinese consumers.

In his meeting with Malaysian Prime Minister Anwar Ibrahim last year in Beijing, Xi encouraged Malaysia to bring more Malaysian quality and specialty products to the Chinese market, and urged closer cooperation in such new areas as digital economy, artificial intelligence and new energy.

« The flourishing economic ties between Malaysia and China demonstrate the resilience and mutual benefits of our bilateral relationship, » said Samirul Ariff Othman, an economist at Malaysia’s Universiti Teknologi PETRONAS. « The continued expansion of investments in high-value sectors such as technology, green energy and manufacturing will further deepen our cooperation. »

A staff member shows a durian from Malaysia at the Food and Agricultural Products exhibition area during the second China International Import Expo in Shanghai, east China, Nov. 9, 2019. (Xinhua/Cai Yang)
A staff member shows a durian from Malaysia at the Food and Agricultural Products exhibition area during the second China International Import Expo in Shanghai, east China, Nov. 9, 2019. (Xinhua/Cai Yang)

FRIENDS IN NEED

In 2012, Yong June Kong, a Malaysian young man who had studied medicine in China, donated his hematopoietic stem cells to a Chinese boy suffering from leukemia, successfully saving the 7-year-old child and making himself the first foreign stem cell donor in China.

During Xi’s 2013 visit to Malaysia, the president referenced this moving episode to highlight the deep friendship between the Chinese and Malaysian people. « We will also not forget » the story, Xi said with deep emotion.

« I never imagined that such a simple act would receive such high-level recognition, » Yong, now a doctor at Renji Hospital in Shanghai, told Xinhua. « I couldn’t sleep the whole night after learning that the Chinese president had spoken of me, » he recalled.

Xi’s recognition was not only a personal honor but also a tribute to the spirit of mutual support between the nations, Yong added.

« This encouragement has strengthened my resolve to stay in China, to continue my medical career in saving lives, to do more blood donations and other charitable activities, and to become a bridge of friendship between China and Malaysia, » he said.

As a Malay proverb once quoted by Xi goes: « A friend who understands your tears is much more valuable than a lot of friends who only know your smile. » In his eyes, the two countries are good friends who can get along well, and trust and rely on each other.

Back in 1974, with strategic vision, China and Malaysia broke the ice of the Cold War and established diplomatic ties, with the latter being the first ASEAN member to do so. Later on, Malaysia also became the first to invite China to conduct dialogue with ASEAN and the first to host the China-ASEAN summit.

During his 2013 Malaysia trip, Xi recalled the joint fight of the two countries against the 1997 Asian financial crisis and the 2008 global economic tsunami, as well as the assistance extended by Malaysia to China in the aftermath of the devastating 8.0-magnitude Wenchuan earthquake in 2008. It was also during this visit that bilateral ties were elevated to a comprehensive strategic partnership.

A decade later, Xi and Anwar reached a consensus in Beijing on jointly building a China-Malaysia community with a shared future, opening a new chapter in bilateral relations.

Chinese President Xi Jinping meets with Malaysia's Prime Minister Anwar Ibrahim at the Great Hall of the People in Beijing, capital of China, March 31, 2023. (Xinhua/Rao Aimin)
Chinese President Xi Jinping meets with Malaysia’s Prime Minister Anwar Ibrahim at the Great Hall of the People in Beijing, capital of China, March 31, 2023. (Xinhua/Rao Aimin)

At a broader level, Xi highly regards Malaysia’s pivotal role in regional cooperation as a founding member of ASEAN and a key driver of East Asia cooperation. The Chinese president has reiterated China’s support for Malaysia’s ASEAN 2025 chairmanship and its commitment to ASEAN centrality and strategic independence.

« Malaysia-China relations have grown from strength to strength in recent decades, » said Othman. « Today, this partnership is more dynamic than ever, underpinned by deep economic collaboration and strong people-to-people exchanges. »

COMMUNICATION BETWEEN CULTURES

As China and Malaysia celebrated the 50th anniversary of diplomatic ties last year, Tan Lak Hon, along with 86 other Malaysian students at Tianjin University in China, wrote a letter to Xi, expressing their commitment to serving as messengers and promoters of Chinese-Malaysian friendship, and aspiration to help build the China-Malaysia community with a shared future.

In a message sent later that year to King Sultan Ibrahim marking the historical occasion, Xi expressed his delight in hearing from those students. « I am gratified that the cause of friendship between the two countries will be carried forward, » Xi said.

Greatly encouraged, Tan plans to create a social media account to share his study and travel experiences in China with friends back in Malaysia. « I will actively serve as an advocate for our friendship, and help foster meaningful communication between students from our two countries, » he said.

Xi himself has been a staunch champion of stronger cultural and people-to-people exchanges between the two nations. He has repeatedly stressed that amity between the people holds the key to sound state-to-state relations.

Artists perform at the Canton Rhythms for Silk Road concert at Xiamen University Malaysia (XMUM) in Selangor state, Malaysia, Nov. 24, 2023. (Xinhua/Cheng Yiheng)
Artists perform at the Canton Rhythms for Silk Road concert at Xiamen University Malaysia (XMUM) in Selangor state, Malaysia, Nov. 24, 2023. (Xinhua/Cheng Yiheng)

During his 2013 visit to Malaysia, Xi witnessed the signing of an agreement on establishing a Malaysian branch of Xiamen University, the first overseas campus of a Chinese higher education institute. Xiamen, like Fuzhou, is a major city in China’s Fujian province.

The university has a special relationship both with Malaysia and with Xi. It was founded in 1921 by Tan Kah Kee, a patriotic overseas Chinese businessman and philanthropist, who was born in Xiamen and achieved great business success in Malaysia and Singapore. When Xi worked in Xiamen, he developed a profound bond with the university.

Today, the Malaysian branch of Xiamen University has 10 faculties and over 9,100 students from dozens of countries and regions. So far, more than 6,300 students have graduated from that campus, making it a shining example of China-Malaysia education cooperation and a key platform to boost mutual understanding between different civilizations.

Many of those graduates share Tan’s determination to promote intercultural communication and people-to-people friendship, a theme that features prominently in Xi’s approach to international relations.

« You name it. Which other leader articulates the vision for the future while trying to understand civilization, values and culture, » Anwar once noted. « That is why I feel certainly comfortable in exchanges with the president for his foresight and vision. »■

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Yango Ride lance un programme national de reconnaissance des chauffeurs pour récompenser l’excellence

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Yango Ride, filiale du groupe technologique international Yango Group, a lancé son plus grand programme national de reconnaissance des chauffeurs à ce jour au Cameroun, […]

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Dette rétrocédée : CAMTEL et CAMWATER concentrent 50,3 % d’un encours de 845 milliards de FCFA

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Dette rétrocédée : CAMTEL et CAMWATER concentrent 50,3 % d’un encours de 845 milliards de FCFA
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(Investir au Cameroun) – A fin juin 2026, l’encours des prêts extérieurs contractés par l’État camerounais puis rétrocédés à 11 entreprises et établissements publics s’établit à 845,2 milliards de FCFA, soit 2,4 % du PIB. Selon la dernière Conjoncture mensuelle de la dette publique de la Caisse autonome d’amortissement (CAA), ces financements couvrent 43 projets, principalement dans les télécommunications, l’eau, l’électricité, le logement et l’agro-industrie.

Cet encours recule de 3,7 % sur un an et de 2,9 % par rapport à fin mai 2026. Il augmente toutefois de 20,2 milliards de FCFA, soit 2,4 %, comparativement aux 825 milliards enregistrés à fin mars 2026.

CAMTEL et CAMWATER concentrent 50,3 % de l’encours

La dette rétrocédée demeure fortement concentrée. CAMTEL affiche le premier encours, avec 230,4 milliards de FCFA, notamment au titre des projets de déploiement du réseau national à haut débit et d’extension du backbone national. L’entreprise publique de télécommunications représente ainsi 27,3 % du portefeuille.

CAMWATER suit avec 194,9 milliards de FCFA, correspondant principalement à des programmes d’adduction d’eau potable, de réhabilitation des installations et d’extension des réseaux dans plusieurs villes. Sa part atteint 23,1 %.

Ensemble, CAMTEL et CAMWATER concentrent 425,3 milliards de FCFA, soit 50,3 % de l’encours total, selon les calculs effectués à partir des données de la CAA.

La Société nationale de transport de l’électricité (SONATREL) arrive en troisième position avec 134,9 milliards de FCFA, notamment pour la remise à niveau du réseau de transport d’électricité. Elle est suivie par Electricity Development Corporation (EDC), qui affiche 112,1 milliards de FCFA liés, entre autres, au barrage de Lom Pangar et aux programmes de développement hydroélectrique sur la Sanaga.

Ces quatre opérateurs cumulent 672,3 milliards de FCFA, soit 79,5 % de l’ensemble de la dette rétrocédée. Des encours plus modestes sont portés par la Sodecoton, avec 27,4 milliards de FCFA, CAMPOST, avec 17,1 milliards, et la Société immobilière du Cameroun, avec 16,8 milliards.

Un passif de l’État distinct de la dette directe des entreprises

La rétrocession permet à une entreprise publique de bénéficier des conditions de financement négociées par l’État auprès d’un bailleur extérieur. Le gouvernement contracte le prêt en son nom, puis transfère les ressources à l’entité chargée de réaliser le projet, dans le cadre d’une convention de rétrocession.

Cette catégorie doit être distinguée de la dette directement contractée par les entreprises et établissements publics auprès de banques, de fournisseurs ou d’autres créanciers. Dans la nomenclature de la CAA, les 845,2 milliards de FCFA restent intégrés à la dette extérieure de l’administration centrale, puisque l’État demeure l’emprunteur vis-à-vis des bailleurs.

Les engagements cumulés correspondant aux 43 projets atteignent 1 574 milliards de FCFA. L’encours représente ainsi 53,7 % de cette enveloppe. Ce ratio ne peut toutefois pas être interprété comme la part exacte restant à rembourser sur des financements qui auraient tous été décaissés.

Les engagements peuvent intégrer des ressources non encore tirées. Par ailleurs, plusieurs prêts sont libellés en dollars, en euros, en yuans ou en droits de tirage spéciaux. Leur contre-valeur en FCFA peut donc évoluer sous l’effet des variations de change, indépendamment des remboursements effectués.

La baisse annuelle ne mesure pas uniquement les remboursements

L’encours a diminué de 32,8 milliards de FCFA par rapport à juin 2025, lorsqu’il atteignait environ 878 milliards. Cette contraction ne permet cependant pas d’affirmer que les bénéficiaires ont remboursé un montant équivalent au cours de la période.

L’évolution d’un encours résulte simultanément des amortissements, des nouveaux décaissements et des variations de change. La hausse de 20,2 milliards de FCFA observée entre mars et juin 2026, malgré la baisse enregistrée sur un an, illustre ces mouvements.

Une partie des prêts remonte par ailleurs à plusieurs années. Certaines conventions bénéficiant à CAMTEL ont été signées en 2007, 2009, 2012 et 2015, tandis que plusieurs financements de CAMWATER datent de la période 2007-2018. La persistance de ces encours traduit la longue maturité des prêts mobilisés pour les infrastructures publiques.

La publication de la CAA ne précise toutefois pas, pour chaque bénéficiaire, les remboursements effectués au premier semestre 2026, les éventuels arriérés envers l’État ou les sommes que le Trésor aurait dû prendre en charge à leur place. L’encours de 845,2 milliards de FCFA mesure donc le volume des financements encore comptabilisés, mais ne suffit pas, à lui seul, à évaluer la qualité du remboursement de chaque entreprise publique.

Amina Malloum

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