Malaysia can withstand risk from China’s slow economic growth, says Bank Negara
KUALA LUMPUR (Aug 18): Malaysia’s well-diversified economy enables it to withstand risks from China’s slower economic growth as the country does not heavily depend on one particular trade partner or industry, said Bank Negara Malaysia (BNM). BNM governor Datuk Abdul Rasheed Ghaffour said although China is Malaysia’s second-largest trade partner, it only accounts for 13.6 [...]
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