Malaysia and China to target US$100 billion in bilateral trade

China’s Ambassador to Malaysia Dr Huang Huikang has said he hopes the bilateral trade between Malaysia and China could reach the target of US$100 billion this year.

Between January and November last year the bilateral trade totalled almost US$85 billion. China has been Malaysia’s largest trade partner for the past seven years, and Malaysia is China’s sixth largest trading nation in the world.

China is now the second largest foreign investor in Malaysia.

Source: ITTO