Goh: Most of the Malaysia-China indirect trade (about RM200bil) that goes through Singapore could return to Malaysia.
The giant republic’s aggressive investments in ports and rail links in Malaysia under its belt-road regional economic expansion programme is going to change the outlook for the island republic.
CHINA’S current mega belt-road projects in Malaysia, once completed, will alter trade routes in the region and this may divert hundreds of billions worth of trade from Singapore, according to industry players.
