Malaysia-China trade to hit new high in 2019, envoy says


  • Economy
  • Tuesday, 07 Jan 2020

Chinese Ambassador to Malaysia Bai Tian expects Malaysia-China bilateral trade will hit another record high in 2019, as it had already posted US$111bil (RM455bil) in the first 11 months of the year.

KUALA LUMPUR: Malaysia-China bilateral trade will hit another record high in 2019, as it had already posted US$111bil (RM455bil) in the first 11 months of the year, according to Chinese Ambassador to Malaysia Bai Tian.

In 2018, bilateral trade between the two countries totalled US$108.66bil (RM443bil).

Bai Tian, who released the trade data at a press conference for four journalists on Monday, projected tourist arrivals from China to Malaysia to hit four million this year as Kuala Lumpur has allowed visa exemptions of up to 15 days for tourists from China and India this year.

Chinese tourist arrivals to Malaysia exceeded three million in 2019, said the envoy.

But Bai Tian said there is “no indication from Beijing yet” to reciprocate Malaysia’s gesture in visa relaxation.

The Malaysian government has given visa exemptions limited to 15 days to tourists from China and India from Jan 1 to Dec 31 this year.

Malaysia has set the target of achieving 30 million tourist arrivals this year.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

   

Did you find this article insightful?

Yes
No

Across The Star Online