China investments in Malaysia to top US$1bil


KUALA LUMPUR: Approved investments from China into Malaysia are expected to exceed US$1bil (RM3.15bil) this year from more than US$900mil (RM2.8bil) last year, said Embassy of the People’s Republic of China to Malaysia economic counsellor Wu Zhengping.

“Establishments such as the Qingzhou and Kuantan industrial parks create a new two-way investment model between our two countries,” Wu said.

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Business , china , rmb , trade , investments

   

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