Salleh tells Dr Mahathir to apprehend reality of 'new world'

Salleh said China was now investing all over the world, going into partnerships and buying assets like never before in history, and this was a phenomenon which countries like Malaysia needed to accept or get left behind and perish.

"Since the 1990s, China, which was a sleeping giant for hundreds of years, suddenly woke up and, once awake, there was nothing that could stop them.

"It is futile trying to resist China's great march forward just like it is futile to resist Western colonisation 500 years ago. China is on the move and no one can stop them," Salleh penned in his blog today.

Dr Mahathir, in his blog, had alleged that the foreign direct investments from China, worth some RM150 billion, would involve selling more (Malaysian) land to foreigners.

Salleh said Dr Mahathir was still thinking 'old school' and did not realise that the world had changed from the time he was Malaysia's prime minister. Dr Mahathir was prime minister from 1981 to 2003.

"We have been warned that while globalisation does have its good side it also means the creation of a borderless world and the end of protectionism.

"You cannot expect FDI (foreign direct investment) or money to flow into your country and yet not be prepared to relinquish control of certain assets.