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KUALA LUMPUR: Malaysia’s close ties with China goes way back to 1974 when the total bilateral trade was only RM159mil.
KUALA LUMPUR: Key Asian markets closed lower on Wednesday as there were no signs of a breakthrough in the US-China trade talks while at Bursa, banks bore the brunt of the selling pressure.
LONDON: British foreign minister Dominic Raab will travel to Thailand on Wednesday to attend a meeting of 10 South East Asian countries, searching for new trading opportunities and stronger diplomatic ties ahead of Britain's exit from the European Union
TIES between Malaysia and China are strong, as it has been through various economic ups and downs which goes back to almost 50 years when diplomatic ties between the two nations were first established. Bilateral trade between Malaysia and China had also hit the US$100bil mark.
GEORGE TOWN: Malaysia will have to ensure that the business environment in the country is competitive enough to attract foreign direct investments (FDIs) that are moving away from China.
THE US administration recently agreed to a ceasefire in the ongoing trade war with China and stated that additional tariffs will not be imposed. However, it is still too early to assume that trade tensions have subsided after the recent G20 truce, given past developments.
A HUGE infrastructure gap exists in Asean and it has become increasingly clear in recent years that the region may not be able to fund its infrastructure needs.
TOKYO: Japan's exports fell for a sixth straight month in May as China-bound shipments of semiconductor manufacturing equipment and car parts weakened, in a sign of a deteriorating outlook for growth as the trade-reliant economy faces persistent pressure from slowing external demand.
SEOUL/TOKYO: South Korea's exposure to a stressed global manufacturing supply chain has knocked its currency - Asia's most risk sensitive - to over two-year lows as investors use it as a proxy to bet on the economic costs of a protracted US-China trade war.
SHANNON, Ireland/BEIJING: U.S. President Donald Trump threatened to hit China with tariffs on “at least” another $300 billion worth of Chinese goods but said he thought both China and Mexico wanted to make deals in their trade disputes with the United States.