Malaysia to gain from China’s corporate plan

“Malaysia has an established infrastructure and a competitive edge in advanced semiconductor packaging and testing," Eastsprings Investments's Tsai said.

PETALING JAYA: Malaysia, together with its Asean neighbours, is set to continue benefiting from the “China Plus 1” corporate strategy of supply chain diversification going into 2024, underpinned by a number of regional-specific structural themes.

That is the view of John Tsai, head of growth equities at Eastsprings Investments (EI), who said Asean would be seeing increasing foreign direct investments as the region poses less geopolitical risks.