Stable China to benefit Asean in the long run, says Koh

A STRONG and stable China with a booming economy would eventually benefit the “Little Tiger” economies of Malaysia, Thailand and the Philippines in the long run, but in the short run or over the next few years, China looms more as a competitor than a benefactor, said Penang chief minister Tan Sri Dr Koh Tsu Koon. 

Following reforms over the past 25 years, China has in recent years emerged as the biggest hub in the global supply chain for the electronics and information and communications technology (ICT) sectors.