Najib Razak tried Daniel Andrews China funded job creation strategy ,and it failed: Victoria's WuhanCovid virus lockdown "strategy" cannot be funded , not by China, and not by the ABC-Alberici "Accounting Entry"

by Ganesh Sahathevan

Najib Razak tried to fund  economic growth  and job creation in Malaysia with Chinese money and this was the result:

The developer has applied to Putrajaya to hire Chinese nationals for the construction of East Coast Rail Link project due to 'language accessibility', says Deputy Prime Minister Ahmad Zahid Hamidi.

"They have applied to recruit Chinese workers as the equipment and machinery to be used are of China's technology which uses Mandarin for the operating systems and manuals...."

Since the publication of the story above in April 2018 much has has changed in Malaysia and in the management of the ECRL project, with promises of more jobs for locals , but readers should keep in mind that Malaysia does not have a minimum wage, so the bulk of positions offered workers in Malaysia could well be in low paying manual jobs. 

Victoria's Premier Daniel Andrews insists that his Belt & Road agreements with China will create jobs for Victorians, and seems to have decided that  in reliance of Chinese money he can subject the Victorian economy to any number of lockdowns without suffering any serious consequences. "Simply no other choice" in Dan Andrewsspea seems to really mean "simplest thing to do", for money from China will bail him out.

Of course, it is also likely that Andrews shares in the views of that highly respected economics writer, the. ABC's Emma Alberici who recently declared: 

Emma Alberici

@albericie

“Congress (Parliament for those playing along in Australia/Canada/UK) doesn’t need to ‘find the money’ to spend it. It needs to find the votes! Once it has the votes, it can authorise the spending. The rest is just accounting” #TheDeficitMyth #MMT 2/2

11:17 AM · Aug 2, 2020·Twitter for iPhone

Australians should all be thankful that Andrews does not have the power to print Australian Dollars; then again perhaps a Victorian Renminbi?