30 Oct '11, 9am

Look East Again? Yes, Follow the Chinese Way of Dealing with Corruption

Look East Again? Yes, Follow the Chinese Way of Dealing with Corruption

Look East Again? Yes, Follow the Chinese Way of Dealing with Corruption October 30, 2011 Look East, says Mahathir Former Prime Minister Dr Mahathir Mohamad said Malaysia and other Islamic countries should look to other Eastern countries and not the West as a model for their development. He said he believed he made the right decision in introducing the “Look East” Policy of emulating work ethics and business techniques from Japan and South Korea during his tenure as the prime minister. “Right now, there are so many problems with Western countries. The problem in the West is that they have borrowed too much and cannot repay. You cannot have that kind of a country as a model. “If you see countries like (South) Korea, Japan and China in the East … China has US$3.2 trillion in reserves. They are swimming in money. Korea can come up with major products better than that produced ...

Full article: http://dinmerican.wordpress.com/2011/10/30/look-east-agai...

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