Upside for M’sia limited despite better China trade data

UOB Research’s senior economist Julia Goh noted that China’s trade data had come in better than the research house had expected, in line with the improvements in March PMI and indications of work resumption.

PETALING JAYA: Despite Chinese trade data in March coming in above market expectations, economists say they are not optimistic that Malaysia will see much upside.

This, they said, was because there was no guarantee of continued improvement in China’s trade, especially given the continued lockdowns in major cities across the globe.