I feel confident in saying that a lot of Chinese FDI will come to Malaysia.”Ter’s positive view is largely shared by the president of China Entrepreneurs Association in Malaysia, Datuk Keith Li. Li adds: “More Chinese FDI, particularly in the infrastructure and IT fields, are expected to rush in. China’s accumulated FDI in Malaysia stood at RM170.4bil or 2.7% of total FDI outstanding at end-2018, according to SERC. Approved Chinese FDI in the manufacturing sector totalled RM20bil last year. Prof Khoo states: “Now whatever happens to Najib internally will bear no impact on the economic, security and other relations between Malaysia and China.”

Source: The Star May 04, 2019 23:37 UTC