Chinese companies relocating operations to Malaysia amid trade war

📆 05.08.2019 15:29:00
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The move comes amid a global trade dispute intensified by recent US tariffs slapped onto Chinese imports. FMTNews

Chinese companies are shifting a majority of their operations to Malaysia as an ongoing US-China trade war brews.

IQI Global chief economist and Global player Shan Saeed said there was also a slew of Chinese investments going into Vietnam. The next day, China warned of retaliatory measures in response to Trump’s announcement, that could plunge both countries into a deeper trade war, magnifying the potential damage to their economies.

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