KUALA LUMPUR: China remains Malaysia’s largest foreign investor in the manufacturing sector for the fourth consecutive year since 2016, with 32 foreign direct investments (FDIs) amounting to US$452.43mil (RM1.87bil) approved in the first six months of 2020.
Deputy International Trade and Industry Minister Datuk Lim Ban Hong said Malaysia approved 79 FDIs worth US$3.74bil (RM15.5bil) from China last year.
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