Short-term gain for Malaysia

RHB Investment Bank said supply disruption in China has led to a spike in Malaysia’s exports and imports, with exports of commodities as well as electrical and electronics pulled the overall exports upward.

KUALA LUMPUR: RHB Investment Bank said Malaysia is expecting a short-term benefit from the reopening of China’s economy after Covid-19 but the general weakness is likely to kick in as recession seems to be looming.

It said supply disruption in China has led to a spike in Malaysia’s exports and imports, with exports of commodities as well as electrical and electronics pulled the overall exports upward.