PKR’s Pandan MP Rafizi Ramli is worried that all these foreign investments from China are just “magic tricks” meant to placate the rakyat who are dissatisfied with the country’s state of the economy.

He also believes that the rakyat might end up being the ones financing projects which were supposed to be financed by foreign investment from China.

“The risk of all types of foreign investment from China which were announced by Prime Minister Najib Abdul Razak is that it will actually be paid for by the rakyat, and not entirely by foreign investment as announced,” Rafizi said in a statement today.

Even though these investments are announced as foreign investments, he questioned whether the funds injected into these projects by foreign investors would be taken from local sources...