Investing Quote by Mahathir Mohamad
“We can go into the Chinese market, develop the engine, new models of cars. Proton can compete. What is the point of giving the company to foreigners? It will revert to the same situation where foreigners just assemble their cars here. We learn nothing.”
About This Quote
Source Speech: Economic Development Address, Malaysia, 1990s
Foreign ownership may limit local learning; self-reliance in tech is vital.
In simple terms: Domestic growth beats dependence.
Key Takeaway
Invest locally.
Themes
economics
technology
nationalism
Mood
strategic
analytical
Type
policy
economic
When to use this quote
- automotive industry
- foreign investment
- local R&D
Key Concepts
industrial policy
skill transfer
Questions to Reflect On
- How to balance foreign expertise with local growth?
- What policies foster domestic innovation?
A Different Perspective
Global partnerships can bring benefits.
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