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Plantations 05 Mar 2019 | 12:00 AM

China to buy 50% more palm oil from Malaysia

KUALA LUMPUR: China is bumping up its palm oil purchase from Malaysia by around 50% to around 4.7 million tonnes, which will be a huge boost to local planters and the government, which has been struggling with high stock piles.

Economy 04 Mar 2019 | 8:39 AM

China says U.S. trade talks progress "well received"

BEIJING: The “substantive progress” China and the United States have made in their trade talks has been ”well-received” in both countries and around the world, a senior Chinese official said on Monday, maintaining Beijing’s previous upbeat assessment of discussions.

Corporate News 23 Feb 2019 | 12:00 AM

Jury is out on banks

TWO local banks, namely, Public Bank Bhd (PBB) and AMMB Holdings Bhd have started the ball rolling this quarter, releasing results that look starkly different, at least at first glance.

Economy 04 Dec 2018 | 5:01 AM

Contrasting Chinese, US statements on trade war agreement

CHINA and the United States agreed on Saturday to a truce in their trade war following talks between Chinese President Xi Jinping and U.S. President Donald Trump on the sidelines of the G20 summit in Argentina.

Corporate News 28 Nov 2018 | 12:39 AM

China will retaliate 'in proportion' to any US sanction over Muslim Uighurs

WASHINGTON: China will retaliate "in proportion" if the United States sanctions its top official in the restive region of Xinjiang over alleged human rights abuses, China's ambassador to the United States said on Tuesday, adding that Beijing's policies in the region are to "re-educate" terrorists.

Economy 27 Jul 2018 | 12:00 AM

Improving Malaysia-China economic relations

Various media reports and even remarks by some close to the new government of Malaysia imply that it will be antagonistic to improving economic relations with China. This grossly misrepresents the popular Malaysian rejection of the corrupt kleptocracy that ruled the country in the last decade.

Economy 31 May 2018 | 7:07 AM

More Chinese firms invest in Malaysia after new Govt installed

KUALA LUMPUR: Three Chinese enterprises have invested RM1.2 billion in Malaysia in the first week following the formation of the new government led by Prime Minister Tun Dr Mahathir Mohamad, said Chinese Ambassador to Malaysia, Bai Tian.

Economy 22 Mar 2018 | 11:02 PM

Trump moves towards China tariffs in warning shot on technology transfer

WASHINGTON: US President Donald Trump lit a slow-burning fuse on Thursday to launch long-promised anti-China tariffs, but his actions appeared to be more of a warning shot than the start of a full-blown trade war with Beijing.

Business 03 Feb 2018 | 12:00 AM

Malaysia is vibrant and stable, says China’s envoy

KUALA LUMPUR: Malaysia’s economy is vibrant and stable, with sufficient foreign currency reserve, said Chinese Ambassador Bai Tian.

Business 20 Nov 2017 | 12:00 AM

Mapping an ambitious path

Asean countries can expect a new wave of investments from China after its recent party congress.