M'sian companies encouraged to partner China corporations to open up business ventures, says MIDA chairman

Speaking at the sidelines of the Malaysia-China Outlook Forum 2019, Malaysian Investment Development Authority chairman Datuk Abdul Majid Ahmad Khan said this would be a good strategy for expansion, in terms of new markets and opportunities, instead of only focusing on Malaysian operations.“Such partnerships are, in fact, an encouraged area of growth under the Belt and Road Initiative .

According to statistics from MIDA and Malaysia External Trade Development Corp , China has been the top foreign investor for the past three years, from 2016 to 2018, and remains as the Malaysia's largest trading partner for 10 consecutive years. Given the many business opportunities between China and Malaysia, it is imperative for Malaysian companies to adopt appropriate strategies to benefit from a rising China by penetrating the China market.“We have to be aggressive in promoting our products and also realise that China is a very competitive market,” he said.

How quickly views change ..... when Cash is still king

Cash still king ?

With the NEPs ? Who ? is so stupid to have a JVs ? Not even those stock market controlled by this people’s ? Bussiness people’s are not stupid idiots to works with non performers !!!

Saya tak benarkan China makan haram..

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