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Tuesday 1 October 2024

In 75 years, China has become increasingly prominent in driving global development

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A view of flower basket themed "Blessings to the Motherland" in Beijing on September 25, 2024 Photo: VCG

The 75th anniversary of the founding of the People's Republic of China is a momentous occasion, not only for the over 1.4 billion Chinese people but also with global significance and historical importance. 

Over these 75 years, the journey of Chinese modernization has profoundly transformed China and influenced the world, truly realizing that "our work will be written in the annals of human history." 

This year also marks the 70th anniversary of the Five Principles of Peaceful Coexistence. Amid a changing international landscape, China has steadfastly maintained an independent and peaceful foreign policy, upholding international fairness and justice. As China increasingly approaches global center stage, it continues to make new and greater contributions to the cause of peace and development for humanity.

Seventy-five years ago, when this ancient nation in the East opened a new chapter in its history, the world was just beginning to recover from the devastation of two wars. From a struggling agricultural country, China has evolved into the world's second-largest economy, the world's leading manufacturing power, the top trader of goods, and the holder of the largest foreign exchange reserves. This historical elevation in national strength matches China's significant contributions to global development. 

From 1979 to 2023, China's average annual contribution to global economic growth reached 24.8 percent, with an average of over 30 percent from 2013 to 2023. For 12 consecutive years, China's outbound direct investment in foreign countries has ranked among the top three globally, holding over 10 percent of the global share for eight years. China's "new three items" - electric vehicles, lithium-ion batteries, and solar cells - are facilitating the globe to accelerate their green and low-carbon transitions, while its infrastructure projects span over 190 countries and regions worldwide. Today, averagely speaking, China engages in approximately 80 million yuan ($11.4 million) worth of trade with the world every minute, invests approximately 112 million yuan abroad every hour, and attracts about 3.377 billion yuan in foreign investment daily. The development of China is intricately linked with global progress, achieving mutual success, and driving the world toward greater progress and prosperity.

A great nation with over 5,000-year-old civilization stands majestically in the East, as over 1.4 billion people stride forward on the path to modernization. Such a vast scale itself is one of the main powerful driving forces for the progress of the entire world and human society. The practices of Chinese modernization teaches us that development is the key to solving all problems. China has proposed the Global Development Initiative to support the development and revitalization of countries in the Global South. By the end of 2023, China's direct investment in countries participating in the Belt and Road Initiative had exceeded $300 billion. Chinese companies have built the first ultra-high voltage direct current transmission line in the Americas, the first electrified railway, the first digital mine, and numerous infrastructure and livelihood projects in Africa, making an indelible contribution to global infrastructure construction.

From "seek knowledge even if you have to go as far as China" to "seek peace even if you have to go as far as China," peace is a valuable public good that China offers to a turbulent world. Over the past 75 years, China has never initiated any war or conflict and has never occupied an inch of another country's territory. In the face of numerous international security challenges, China has proposed the Global Security Initiative. It has mediated the reconciliation between Saudi Arabia and Iran, facilitated a historic reconciliation among Palestinian factions, and promoted a political resolution to the crisis in Ukraine. Today, China has become the second-largest contributor to the UN regular budget, the second-largest contributor to peacekeeping operations, and the largest troop-contributing country among the permanent members of the UN Security Council. China has always been committed to promoting world peace and development.

To leave behind achievements worthy of being engraved in world history, a nation and its people must not only be judged by their material accomplishments but also by the amount of spiritual wealth they have contributed. The latter often holds more profound significance than the former. 

In today's world, where the destinies of nations are closely intertwined, China has proposed the Global Civilization Initiative, advocating cultural exchanges that transcend estrangement, mutual learning that transcends clashes, and coexistence that transcends feelings of superiority. It addresses significant questions, such as how different civilizations can coexist and where human civilization is headed, offering Chinese wisdom and solutions to promote cultural exchanges and the advancement of human civilization.

Over the past 75 years, China has demonstrated an uncommon empathy in the political arena of major powers throughout human history. From proposing the Five Principles of Peaceful Coexistence, emphasizing equality and non-interference in other countries' internal affairs, to the new era's initiatives like jointly building the Belt and Road Initiative, building a community with a shared future for mankind, and the promotion of solidarity and cooperation among the Global South, China has advocated that the sovereignty of all countries are equal regardless of size on global arena while showing respect and support for the development of other countries. 

China has provided the worldview of "shared future" and the methodology of "jointly building and win-win cooperation" for all mankind, breaking the nearly 500 years of narrow perspective of the West in viewing the world and building order from the perspective of "hegemonic hierarchy," "center-periphery" and "cultural monism." This is rare in the history of human civilization and is urgently needed in today's world. 

The 75-year journey through challenges has underscored the invaluable role China plays in global peace, development and progress. The modernization China has promoted, which embodies justice, openness, mutual benefit, people-first policies, diversity, inclusiveness, eco-friendliness, and peace and security, will only become more significant and valuable to the world as time progresses.

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Malaysian pride soars with the ringgit

 

It has been a while since Malaysians began to feel some pride. Certainly, the strengthening of the ringgit against the 

KUALA LUMPUR: It has been a while since Malaysians began to feel some pride. Certainly, the strengthening of the ringgit against the dollar has made a big impact on national confidence.

The Malaysian ringgit, which continues its upward trend, has surged to its highest level against the greenback since March 2022.

Not only is it the best-performing currency in the region, but it also became the world's top-performing currency this month as it rode on the US Federal Reserve's large interest rate cut.

The comeback story of Malaysia, underpinned by an economy that has expanded at its fastest rate in the past 19 months, has attracted global attention.

There is no doubt that the country's political stability under Prime Minister Datuk Seri Anwar Ibrahim is one of the main reasons for Malaysia's economic success compared to Thailand and Indonesia, which fell by the wayside politically.

The ringgit climbed to a 30-month high recently of 4.1815 against the US dollar recently. It ended last week, closing on Friday at 4.1230/1280.

Now, the speculations are that the ringgit could go up to RM4 against the dollar as BMI, a unit of the Fitch group, revised its year-end forecast for the ringgit from 4.55 against the US dollar to 4.0, reflecting the local currency's robust performance in the third quarter of 2024.

Looking beyond the six-month period, BMI even predicted the ringgit to strengthen by nine per cent next year, reaching 3.55 against the dollar by the end of 2025.

It sounds very good, but as we all know, the ringgit depends very much on external factors, especially on the US Fed interest rate trajectory and mainland China's growth, which is our biggest trading partner.

Over the medium view, there will always be some profit taking, which would affect our rate, but it is healthy and natural.

At one time last year, there was fear that the ringgit could hit as low as RM5 against the dollar, but now the ringgit has appreciated more than 12 per cent against the dollar.

Last week, the South China Morning Post (SCMP) reported that "for Malaysians, the exchange rate of the ringgit against the US dollar, as well as regional currencies like the Singapore dollar and the Thai baht, serves as an indicator for how well the economy is doing and reflects confidence in the government."

Whatever the criticisms and misgivings that have been levelled against Anwar Ibrahim for his purported delays in reforms and even making compromises with the conservative groups who didn't vote for him in the last general election, he is on the right track for sure.

Malaysia is politically stable, and his Madani Unity government isn't going to give way soon. His opponents must wait for another three years to challenge him despite the many political noises generated, which Malaysians have grown used to.

The SCMP quoted Mohd Afzanizam Abdul Rashid, the chief economist at Bank Muamalat Malaysia, saying, "The stability has facilitated more effective policymaking and implementation, boosting confidence in the ringgit.

"This has created better reviews by the credit rating agencies and global investment banks."

Reuters reported a news article under the heading "Malaysia shines as foreign investors return, peers stumble."

In its Aug 22 article, the news agency said, "Malaysia is fast becoming a haven in Southeast Asia, and foreign investors are returning to a long-overlooked market as a confluence of improving growth, stable government and rising currency sets it apart among peers grappling with political flux."

"Foreigners have steadily poured more money into Malaysian debt and stocks this year. In July, as political troubles brewed in Thailand and Indonesia, they pumped US$1.75 billion into Malaysian debt markets – the highest in a year.

"The stock market, Bursa Malaysia, is gunning for its strongest yearly performance in well over a decade."

At home, while the cost of living remains a big concern among many Malaysians, the inflation rate has decreased to 1.90 per cent in August from 2 per cent in July 2024.

Trading Economics reported that the inflation rate is expected to be 1.50 per cent by the end of this year, according to its global macro models and expectations from analysts.

More importantly, the number of jobs in the first quarter of this year increased by 1.5 per cent to 8.94 million – the highest recorded since 2018, according to the Employment Statistics, First Quarter 2024.

Chief Statistician Datuk Ser Dr Mohd Uzir Mahidin was quoted by Bernama as saying that 8.81 million jobs were recorded in the first quarter of 2023.

HR Asia reported that Malaysia's job market remains robust throughout 2024, with "companies continuing to hire in line with ongoing economic expansion."

Malaysians now look forward to the annual economic report as well as the Budget to be presented in Parliament next month to have a clearer and more detailed idea of what's in store for us.

 Datuk Seri Wong Chun Wai, an award-winning veteran journalist with over 40 years experience, is the chairman of Bernama.

Monday 30 September 2024

Early treatment critical for stroke

 

 

Prof Dr Badrisyah Idris Neurosurgeon

  ACCORDING to the Institute of Health Metrics and Evaluation, stroke is the third leading cause of male mortality after ischaemic heart disease and pneumonia, and the second leading cause of female mortality after ischaemic heart disease in Malaysia.

The leading cause of mortality worldwide is heart disease, which accounts for 16% of all fatalities. Stroke follows closely, accounting for 11% of deaths. In addition, key contributors to disability and the rise in healthcare costs include heart disease and stroke. Heart disease and stroke share many similarities.

Many major risk factors for heart disease and stroke can be altered by implementing several easy lifestyle adjustments such as exercising, maintaining a healthy weight, abstaining from smoking, eating a heart-healthy diet and controlling your blood pressure.

Stroke is expected to become the second leading cause of mortality by 2040, according to the Global Burden of Disease Report. The increasing trends of non-communicable diseases such as diabetes, hypertension and obesity are posing substantial threats to stroke incidences in Malaysia.

On average, there are about 90 stroke admissions at Malaysian hospitals daily; with 40% of cases comprising patients below 60 years of age, and an average of 30 deaths owed to stroke. Almost 70% of stroke survivors live with many disabilities.

Stroke is characterised by a sudden disruption of brain function due to a disturbance in its blood supply. When the blood supply is abruptly cut off, brain cells are deprived of oxygen and essential nutrients, causing them to malfunction and eventually die.

Medical director and consultant neurosurgeon Prof Dr Badrisyah Idris at MSU

Medical Centre explains, “There are two types of stroke; ischaemic and haemorrhagic. Occurring in 80% of stroke cases, ischaemic stroke is owed to a narrowing of blood vessels by fat deposits or blood clots disrupting the blood supply to the brain. The remaining 20%, owed to ruptured blood vessels, can be caused by uncontrolled high blood pressure or a weakened blood vessel wall.

“Stroke survivors suffer different deficits according to the affected brain area. They may suffer from memory or emotional disturbances, or be challenged by speech, vision, sensory or movement difficulties. In a transient ischaemic attack, commonly called a mini-stroke, the symptoms hit for only a few minutes or hours and then disappear. Mini-strokes happen when the blood supply to the brain is interrupted only momentarily, though the chance of getting a permanent stroke within 48 hours rises tenfold and the risk remains high within three months.”

“With increasing age, the likelihood of getting an ischaemic stroke rises with the increased narrowing of the blood vessels. Other factors leading to stroke include smoking, obesity, alcoholism, high blood pressure, high blood cholesterol, and high blood sugar. Lifestyle changes and treatment optimisation may reduce the risk of getting a stroke.”

Anyone who has had a stroke should receive treatment at a hospital within three hours after the onset of stroke signs to reduce further damage to the brain. The majority of stroke patients arrived at the hospital only after seven hours, narrowing the window of opportunity to save the brain.

Recognising the onset of stroke with tools such as ‘BE FAST’ is crucial to reducing deaths and disabilities from delayed stroke treatment.

• B – Balancing difficulties • E – Eye and vision disturbances

• F – Facial weakness

• A – Arm and/or leg weakness

• S – Speech difficulties

• T – Time to call ambulance

When a person with a stroke reaches the hospital, a doctor will establish the circumstances leading to the stroke event by taking its history and then performing a physical examination to identify the risks and associated deficits. A brain scan will be performed to determine whether the stroke is ischaemic or haemorrhagic and which part of the brain is involved. Another scan or investigation called angiography may be performed to assess the brain’s blood flow pattern and blood vessel structure.

“The leading cause of mortality worldwide is heart disease, which accounts for 16% of all fatalities. Stroke follows closely, accounting for 11% of deaths. In addition, key contributors to disability and the rise in healthcare costs include heart disease and stroke.”

Stroke treatment

Treatment for stroke depends on the stroke type. For ischaemic strokes, restoring blood flow to the affected area is crucial and should be carried out within four hours of the stroke’s onset. This can be done by injecting a blood-thinning medication called alteplase into a vein in the arm to dissolve blood clots inside the brain’s blood vessels.

Another technique called endovascular therapy dissolves the blood clot inside the blocked brain vessel by directly injecting alteplase through a small catheter placed inside the affected blood vessel or removing the blood clot by retrieving it with a special device through a catheter placed inside the affected blood vessel.

For haemorrhagic strokes, the main goal of treatment is to control bleeding and to reduce the increased pressure in the brain. The high blood pressure has to be controlled by antihypertensive drugs, and the effect of the blood-thinning medication has to be reversed to reduce further bleeding. Ruptured blood vessels caused by cerebral aneurysms or arteriovenous malformations need to be treated by surgical intervention or endovascular therapy.

Following stroke treatment, the recovery phase for each stroke patient will depend on the extent of disabilities resulting from the stroke. Most stroke patients need to undergo physical therapy to regain limb functions or prevent severe limb spasticity. Some may also need speech therapy to improve their ability to speak and understand conversations.

By Prof Dr Badrisya Idris

Let’s meet our specialist!
Consultant Neurosurgeon (Brain & Spine), Prof. Dr. Badrisyah Idris.


Related posts:

Better access for stroke patients, and Helping stroke survivors in a pandemic



What is the Blood-Brain Barrier?

The blood vessels that vascularize the central nervous system exhibit unique properties which control the flow of cells, ions, and molecules from plasma to the brain. Referred to as the blood-brain barrier, it is vital for the protection of the brain and maintains homeostasis. Dysfunction of the blood-brain barrier is linked with a range of neurological conditions

Critical to improve health literacy

People must learn to modify diets to prevent lifestyle diseases such as diabetes

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