Malaysia keen to be commerce gateway for ASEAN, China
Malaysia is ideally placed to be the gateway for commodities trade between the Association of Southeast Asian Nations (ASEAN) and China, Malaysian Prime Minister Mahathir Mohamad has said.
A corner of Malaysia's Kuala Lumpur (Source: New Straits Times)
Hanoi (VNA) - Malaysia isideally placed to be the gateway for commodities trade between the Associationof Southeast Asian Nations (ASEAN) and China, Malaysian Prime Minister MahathirMohamad has said.
Delivering a keynote speech atthe launch of Malaysia's first commodities e-commerce trading platform on May 2,Mahathir said Malaysia's location in ASEAN and its long-standing cultural tieswith China make it an ideal business partner in the sector.
Mahathir said the e-commercetrading platform would help the country leverage on its plan to become aregional trade bridge with China.
On April 24, Mahathir arrived in Beijing for a five-day workingtrip to China, during which he attended the second Belt and Road Forum forInternational Cooperation.
He met with President Xi Jinping, PremierLi Keqiang and other high-ranking officials of China.
During the meetings, Mahathirsaid Malaysia is ready to promote cooperation with China across spheres, andwork to enhance relations between ASEAN and China.-VNA
Malaysia’s economy grew at 4.7 percent in the third quarter, mainly fueled by the private sector, services and manufacturing industries, according to Malaysia’s central bank (BNM).
Malaysia’ economy is forecasted to grow at 4.5 percent in 2017 due to strong private consumption, the International Monetary Fund (IMF) said on December 15.
The Central Bank of Malaysia (BNM) has forecast that Malaysia’ economy will grow by between 4.3 and 4.8 percent this year, the country’s News Strait Times reported on March 24.
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A corner of Malaysia's Kuala Lumpur (Source: New Straits Times) 
