Malaysia poised to gain as companies shift production from China amid Trump’s tariff threat

  • 📰 malaymail
  • ⏱ Reading Time:
  • 36 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 86%

Malaysia News

Thailand,Economy,China

President-elect Trump has threatened 60 per cent tariffs on US imports from China Thailand, Vietnam, Malaysia see signs of factories relocating from China Chinese investments...

In a shack off Old Klang Road, Restoran Lim Kee Sdn Bhd serves a superb bitter gourd fried ‘dong fun’ that tells a story of grit and perseverance

South-east Asia — with auto and electronics factories from Thailand to Vietnam and Malaysia — will likely benefit at China’s expense, said two executives, two business groups, a lawyer and an analyst in the region. “There was a relocation to South-east Asia, but this round is going to be more intense,” she said, referring to Trump’s 2017-2021 first term.

Construction begins this month on an Amata industrial park in Laos, where China has built a high-speed rail line connecting Kunming in southwestern China to the Laotian capital Vientiane, he said. “I believe this will happen,” told reporters yesterday. “The Americans love us, the Chinese love us — we don’t have to choose sides.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malaysia invites Chinese companies to list on Bursa Malaysia as innovation, new economy sectors riseHAINAN, Oct 20 — Malaysia remains open and welcoming to Chinese companies seeking to list on Bursa Malaysia whether for their first or second listing exercise, in line with both...
Source: malaymail - 🏆 1. / 86 Read more »