BEIJING: China and Malaysia — two strong supporters of economic globalisation — will boost bilateral trade, broaden investment flows and create more jobs, as their enhanced partnership benefits from strengthened mutual trust and steady advances under the framework of the Belt and Road Initiative, said government officials and exporters.
As the world grapples with rising unilateralism and protectionism, they said the degree of interdependence between China and Malaysia remains stable in bilateral cross-industry trade, trade in services and supply chain development, especially in areas such as electronics, palm oil, renewable energy, the digital economy and logistics.
