China on Saturday pledged Aus20 million (14.5 million) to help fund the search for missing Malaysia Airlines flight MH370 the government said in a statement after the plane vanished in 2014.
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China’s premier has announced a contribution of $20 million towards the search for MH370.
Prime Minister’s economic envoy to China Tan Sri Ong Ka Ting explained it was a significant breakthrough for Malaysian companies into a usually restrictive Chinese capital market, following positive bilateral talks during the Asean Summit and East Asia Summit which ended here yesterday.
Meeting China’s Premier Li Keqiang, Mr Turnbull remarked on the free trade agreement, a deal already seeing great benefits, he said, the visit previous year of President Xi Jinping and co-operation between naval forces.
About two thirds of the 239 people aboard the missing plane were Chinese citizens.
On April 2015, he said, Malaysia together with China and Australia have fully committed to completing the underwater search within the extended search zone of 120,000 sq km.
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The Malaysian government confirmed in August that an aircraft flapron found on the French Indian Ocean island of La Reunion belonged to the missing flight. Most of the passengers aboard the plane were Chinese nationals. The search, taking place more than 1,800 kilometres (1,100 miles) off the Australian coast, has so far covered 70,000 square kilometres (27,000 square miles). However nothing seems likely to change the broad satellite signal analysis that says MH370 flew for seven hours 39 minutes (or so) after takeoff, and was only heard by a communications satellite parked over the west Indian Ocean which at the time of the flight’s impact, had to be around 44 degrees elevation above its horizon.
