Bilateral trade value between China-Malaysia increased this year - News Summed Up

Bilateral trade value between China-Malaysia increased this year


KUALA LUMPUR: Malaysia-China bilateral trade reached RM237.96 billion for the first 10 months of this year, up 24.1 percent from RM191.65 billion in the same period last year. Export value during the period also increased 33.5 per cent to RM103.32 billion from RM77.4 billion. For imports, it recorded an increase of 17.8 per cent to RM134.64 billion compared to RM114.29 billion for the previous year. Deputy International Trade and Industry Minister Datuk Chua Tee Yong said trade deficit for the period under review declined to RM31.32 billion from RM36.87 billion previously. He was speaking at a press conference after officiating the Malaysia-ASEAN Small and Medium Enterprise (CASTPP) Trade Promotion Platform Business Forum at the Malaysia External Trade Development Corporation (MATRADE) here today.


Source: New Strait Times December 14, 2017 05:37 UTC



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