Malaysian PM Anwar’s visit to China the start of more Chinese investments, say business groups

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Visit saw Malaysia securing $51.2 billion worth of investment commitments from China. Read more at straitstimes.com.

during which 19 agreements were signed to boost investments in green technology, digital economy and modern agriculture.

“It will create a ripple effect. China is known for its high technology expertise and Malaysia will be able to learn a lot from their side,” he said.During his visit, he met Chinese leaders including President Xi Jinping, as well as business leaders. Mr Anwar also extended an invitation for Mr Xi to visit Malaysia in 2024 to mark the 50th anniversary of diplomatic ties between the two countries.

“The 19 MOUs are a great milestone related to various sectors including electronic vehicles, electronics, big data and digitalisation. They will definitely have a good impact on the country,” he said. “China is already at the forefront globally in those areas, and its partnership with Malaysia would definitely enhance the latter in these fields.”China willing to work with Malaysia to improve Belt and Road construction, says President Xi

 

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