PETALING JAYA - Malaysia’s King, Sultan Ibrahim Iskandar, is the first in the world to privately own the Hongqi L5, China’s most expensive luxury car.
Released in 2013 at the Shanghai Auto Show, the L5, manufactured by FAW Group, is renowned for being the most expensive Chinese-made car ever available for purchase, at five million yuan . It is the official state car of China, as it is used by President Xi Jinping.The audience with Sultan Ibrahim was to discuss bilateral relations between Malaysia and China as well as current issues concerning both countries.
“China is an important global economic power and a large trading partner of Malaysia,” the King said in a social media post on April 12.Sultan Ibrahim hoped that Malaysia would leverage its unique capabilities to benefit, increase trade volume and technology exchange, and further expand exports to China.
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