Malaysia’s stable political landscape and openness to engaging both China and the United States amid the ongoing superpower competition have made it a strong investment destination, its trade minister has said.
Malaysia had a “very open policy” and continued to “engage all countries”, said Tengku Zafrul Aziz on Thursday, noting also that this would foster growth, particularly in its competitive semiconductor industry.
“We have to, as an open country, navigate [this superpower competition] because these are the two strongest economic, trading and investment partners for Malaysia and for the region,” he said, speaking at an event hosted by the Malaysian Chamber of Commerce in Hong Kong.
