China the only bright spot in Malaysia’s exports

“The magnitude of declines will narrow markedly going into the second half of 2020, thanks to some improvement in global demand following the lifting of the great lockdown in major advanced economies since May, ” SERC's Lee Heng Guie (pic) said during a virtual briefing yesterday.

PETALING JAYA: China is the only major trading partner that offers a bright spot for Malaysia’s exports at a time when a recovery in trade seems far from sight, according to Socio-Economic Research Centre (SERC) executive director Lee Heng Guie.

China was the first country to reopen its economy in April and has since begun to see a recovery in domestic activities.