Aug
19

Chinese Investors Can Help Cut Trade Deficit, Malaysia’s PM Says

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  • Mahathir welcomes Chinese investment in paper industry
  •  Malaysia is China’s biggest trading partner in Southeast Asia

Chinese investors can help reduce the country’s trade deficit with Malaysia, the Southeast Asian nation’s prime minister said in Beijing on Sunday at an event alongside Alibaba Chairman Jack Ma.

During a question and answer session with Chinese executives who expressed concerns about investing in Malaysia given its recent change in power, Prime Minister Mahathir Mohamad insisted it still welcomed companies willing to do deals that help employ the country’s workers and improve its efficiency without harming local manufacturers in industries like steel production…

Chinese Investors Can Help Cut Trade Deficit, Malaysia’s PM Says

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