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China projects to hit Singapore


Goh: Most of the Malaysia-China indirect trade (about RM200bil) that goes through Singapore could return to Malaysia.

Goh: Most of the Malaysia-China indirect trade (about RM200bil) that goes through Singapore could return to Malaysia.

The giant republic’s aggressive investments in ports and rail links in Malaysia under its belt-road regional economic expansion programme is going to change the outlook for the island republic.

CHINA’S current mega belt-road projects in Malaysia, once completed, will alter trade routes in the region and this may divert hundreds of billions worth of trade from Singapore, according to industry players.

   

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