Malaysia-China bilateral trade up 13% in 2018

Resilient economy: (from left) China’s ambassador to Malaysia Bai Tian, Lim and Tan at the luncheon held in Kuala Lumpur. Lim says Malaysia’s economy remains resilient despite the China-US trade war.

KUALA LUMPUR: Bilateral trade between Malaysia and China climbed to an all-new high in 2018, rising 13% to US$108.6bil (RM443bil) from US$96bil (RM392bil) in 2017, with the number of Chinese visitors into Malaysia increasing 29% to 2.94 million last year.

Malaysia-China Business Council chairman Tan Kok Wai said overall relations between Malaysia and China remain on the right track despite the controversies regarding some local large scale projects in the country.