Malaysia – ASEAN biggest trade partner of China

Malaysia remained the biggest trade partner of China in the ASEAN bloc with two-way trade reaching 97.35 billion USD in 2015.
Malaysia – ASEAN biggest trade partner of China ảnh 1Illustrative image (Source: techtimes.com)

Kuala Lumpur (VNA) – Malaysia remained the biggest trade partner of China in the ASEAN bloc with two-way trade reaching 97.35 billion USD in 2015, according to Malaysian Prime Minister’s special envoy to China Ong Ka Ting.

Between 2013-2014, the two nations saw a fast growing trade partnership, with their bilateral trade exceeding 100 billion USD, Ong said.

There is huge room for cooperation between the two countries’ small-and medium-sized enterprises and industries, services, and financial sector, he noted.

Malaysia and China expect to raise their bilateral trade to 160 billion USD by 2017.-VNA

VNA

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