KLCI extends rebound as China delays industrial dominance plan

  • Markets
  • Thursday, 13 Dec 2018

KUALA LUMPUR: Bursa Malaysia extended its rebound on Thursday on overnight news that China may be delaying plans to dominate the high-tech sector in a bid to ease trade tensions with the US.

Investors are betting on the postponement of the "Made in China 2025" plan helping the two major economies to strike a deal when the March 1 deadline is reached.