Economics
Malaysia to Purchase Four Navy Ships From China in Landmark Deal
- Two littoral mission vessels built in China, two in Malaysia
- Price, technical details of ships deal yet to be announced
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Malaysia said it will buy at least four Littoral Mission Ships from China as Prime Minister Najib Razak announced “new steps” in military cooperation between the two countries.
Najib oversaw the purchase of the vessels on Tuesday during a state visit to Beijing. While no details were released on the value of the ships, the deal comes after Malaysia recently announced that it was cutting its defense budget by 13 percent.