PublishedDeputy International Trade and Industry Minister Ong Kian Ming said following the trade war between the US and China, Malaysia could benefit in the short run in terms of trade and investment diversion from sources originally going to China. — Picture by Shafwan Zaidon
He said following the trade war between the US and China, Malaysia could benefit in the short run in terms of trade and investment diversion from sources that were originally going to China or from sources that were coming out from China. “There is not much that a trade and investment diversion can do when aggregate demand is reduced and this would have severe economic consequences in both the short and long run,” he said at the Malaysian Economic Convention 2019 dinner here today.