China-M’sia bilateral trade surges to RM550b in first 7 months of 2024

Bilateral trade between China and Malaysia surged to US$117.52 billion (RM550 billion) in the first seven months of 2024, a 10.8 percent increase compared with the same period last year, said Chinese ambassador to Malaysia Ouyang Yujing.

Additionally, China’s non-financial direct investment in Malaysia grew substantially to US$1.28 billion (RM5.5 billion), marking a year-on-year rise of 28.8 percent, he said...