China still an engine of growth


Major beneficiary: Shipping containers are seen at a port in Shanghai, China. Malaysia stands to benefit substantially from the resurgence of the world’s second-largest economy. — Reuters

CHINA’s economic recovery is poised to play a pivotal role in shaping international trade patterns in 2024, with significant implications for Malaysia.

The anticipated growth in electrical and electronic (E&E) equipment exports, coupled with a stable exchange rate, positions Malaysia to capitalise on the recovery of the world’s second-largest economy post-Covid, paving the way for a mutually beneficial economic partnership in 2024.

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