China an important trade partner for Malaysia, says Anwar

30 Mar 2023

Prime Minister Datuk Seri Anwar Ibrahim said his visit to China this week is a manifestation of the country’s importance to Malaysia in various aspects, especially trade.

He said China is important not only as a neighbour with close bilateral relationship and a close trading partner, but also due to its position as a major power in world economy.

He described China as the world’s economic giant, currently.

“Given the priority, we come to China first. But as a trading nation, we must maintain excellent relationship with all, including the United States,” he said during the breaking of fast with Malaysian citizens at the Malaysian embassy here Thursday (March 30) night.

China has been Malaysia’s largest trading partner since 2009. The value of trade between Malaysia and China in 2022 was about 17.1% of Malaysia’s total global trade, worth RM2.8 trillion.

The total trade between the two countries in 2022 is RM487.13 billion, which is an increase of 15.6% compared to the previous year.

Source: Bernama