China's significance to Malaysia is growing

13:39, June 23, 2010      

Email | Print | Subscribe | Comments | Forum 

Positive economic recovery signs have been visible in Malaysia over the past few months but it is undisputable that the United States and certain countries in the Europe are still facing challenges.

The possibilities that a global economic slowdown will make a come-back, and that more turmoil will emerge in the financial markets, have never faded, if not increased.

However, it is during such a challenging time that the Malaysian government announces its ambition to target a higher growth for exports and investments in 2010.

Since Malaysia's traditional export markets in the west have shown sluggish recovery, a strong growing China may lend the third largest economy in Southeast Asia a helping hand.

Malaysia, an export-oriented country, has been losing its competitiveness in terms of low-cost manufacturing to its regional neighbors such as China, India, Indonesia and Vietnam over the past decade.

To boost exports and woo higher investments under current market situation, Malaysia can not merely follow the old ways that depended heavily on the low cost structure, but to improve its investment environment to remain competitive.

【1】 【2】


  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • A man visits "Thy Word Is Truth, the Bible Ministry Exhibition of the Protestant Church in China", during its opening at Mount Vernon Place United Methodist Church in Washington DC, capital of the United States, Sept. 28, 2011. Through the Bible's various Chinese versions, ancient or modern, as well as pictures, paintings, calligraphy, art works and historical documents, the exhibition was expected to give an overall understanding of how Bible was brought into China, how it was translated, published, distributed and loved. (Xinhua/Zhang Jun)
  • A visitor passes by in the exhibition of Istanbul design week on Sept. 28, 2011 in Istanbul, Turkey. Istanbul design week will be hosting designers and design exhibitions from around the world in Istanbul from Sept 28 to Oct 2 with the participation of 25 countries. (Xinhua/Ma yan)
  • Red flag flies at the Jiuquan Satellite Launch Center in northwest China's Gansu Province, Sept. 28, 2011. A spokesperson with China's manned space program said Wednesday that fuel has been injected into the Long March-2FT1 carrier rocket in preparation for launching the Tiangong-1 space module Thursday evening as planned. (Xinhua/Wang Jianmin)
  • A militant loyal to the Libyan National Transitional Council (NTC) waves in a tank near Bani Walid, one of the pro-Muammar Gaddafi strongholds, on Sept. 28, 2011. (Xinhua/Hamza Turkia)
  • Jewish worshippers pray at the Western Wall, Judaism's holiest prayer site, in Jerusalem's Old City on Sept. 28, 2011, ahead of Rosh Hashanah, the two-day Jewish new year which will begin at sunset on Sept. 28 and conclude at nightfall on Sept. 30. (Xinhua/Muammar Awad)
  • High school student Johanna Choapa is helped by her father after announcing the end of hunger strike in Santiago, capital of Chile, on Sept. 28, 2011. The end of the strike took place to make way for a dialogue with the government, seeking to resolve the four-month crisis in the education sector. (Xinhua/Jorge Villegas)
Hot Forum Discussion