Dr M repeats vow to axe GST, review China investments

Dr Mahathir Mohamad says the money borrowed by the BN government is a great burden to the country. (Reuters pic)

PETALING JAYA: Pakatan Harapan (PH) chairman Dr Mahathir Mohamad today maintained that the PH government would review some of the previous initiatives implemented by the previous administration, including Chinese investments in the country.

Mahathir said Beijing had a long experience with “unequal treaties” and had resolved this through renegotiations.

“We feel we are entitled to study and renegotiate the terms,” the former prime minister said at a press conference.

Mahathir, whose coalition won 113 parliamentary seats in the polls last night, reiterated his concerns about money borrowed by the Barisan Nasional government, including the RM55 billion soft loan for the East Coast Rail Link project.

“It’s a great burden to the country.”

He added however that PH was supportive of China’s One Belt One Road initiative and had written to Chinese President Xi Jinping about the matter.

He said he was especially supportive of the rail link between China and Europe.

“But we just don’t want to see too many warships in this area as it would attract other warships, and this place may become tense.”

Mahathir had previously said the PH government would review Chinese investments and stop borrowing from China.

He also said the PH government would review the anti-fake news law as he was unsure if it was meant to stop fake news or silence the opposition.

Speaking today, Mahathir also reiterated that PH would abolish the controversial goods and services tax.

“We won’t roll back, we don’t need it. We’ll go back to the sales and services tax.”