MALAYSIA, by emphasising on education and technology, and encouraging small and medium-size enterprises (SMEs), has adopted the most appropriate stance in the current global trade scenario, where China is rapidly becoming the dominant trading power in Asia, according to Time magazine senior editor (business and technology) Jim Erickson.
Hong Kong-based Erickson, speaking at a luncheon in Kuala Lumpur yesterday, explained that Asian nations, especially from South East Asia, instead of fearing China becoming a dominant trading power, should rather endeavour to establish links with it as such a move could well aid their economies in turn.