China, domestic demand set to buoy industrial production

Malaysia’s industrial production is expected to perform better in 2024, supported by a recovery in global manufacturing activities.

PETALING JAYA: China, the largest trading partner of Malaysia for 15 straight years, is a key factor that will determine how Malaysia’s industrial production will perform this year.

Analysts said Malaysia’s industrial production will grow stronger in 2024, if the Chinese economy sees a further recovery that would boost external demand, among other catalysts.