Pragmatism rules Anwar’s foreign policy, say economists

[superadmin]

PETALING JAYA: Anwar Ibrahim’s proposal for an Asian response to the US dollar’s dominance of the global financial system has left many wondering about his policy on the West.

On the other hand, economists see it as not only pragmatic but also a way to mend ties with China.

When Pakatan Harapan (PH) was serving its first stint in government from 2018 to 2020, Putrajaya’s ties with Beijing was anything but cozy.

The PH government was critical of projects under China’s Belt and Road Initiative, one of which was the East Coast Rail Link (ECRL), which slowed down considerably when Dr Mahathir Mohamad led the PH government in his second stint as prime minister.

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