Chinese companies relocating operations to Malaysia amid trade war: Analyst

: Companies in China are relocating most of their operations to Malaysia amid the country’s trade war with the United States .

“Some economies are actually benefiting from this trade war. If you picked up an Economist magazine last November, it stated that some economies benefiting in the information and communications technology and automobile sectors were from Malaysia, Thailand and Vietnam,“ he toldLast Thursday, President Donald Trump threatened to impose an additional 10 per cent tariffs on about US$300 billion worth of Chinese imports beginning next month.

“The Malaysian government is in control of the total economy and its balance sheet also looks very strong with investors still viewing the country favourably,“ he said.

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Chinese companies relocating operations to Malaysia amid trade warThe move comes amid a global trade dispute intensified by recent US tariffs slapped onto Chinese imports. FMTNews
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Chinese companies relocating to Malaysia amid trade war
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