KUALA LUMPUR: Malaysia’s well-diversified economy enables it to withstand risks from China’s slower economic growth as the country does not heavily depend on one particular trade partner or industry, said Bank Negara Malaysia (BNM).
BNM governor Datuk Abdul Rasheed Ghaffour said although China is Malaysia’s second-largest trade partner, it only accounts for 13.6 per cent of Malaysia’s total trade.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
