CHINESE investments in Malaysia are expected to soar next year via a “special channel”. 

International Trade and Industry Minister Darell Leiking said this while commenting on media reports that Chinese investments into Malaysia halved to US$1.7 billion in the first nine months of last year.

He said the special channel announced during Budget 2020 could accelerate foreign direct investment from China.

“Budget 2020 has specifically identified a special channel to get more investment into the country.

“Even though there has been a slight decline, there is an increase in other investments such as from the United States,” he told a press conference, in conjunction with E-Commerce Day, in Kuala Lumpur, today. – Bernama, December 10, 2019.