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Malaysia expects surge of Chinese investment, economy minister says

Rafizi Ramli suggests semiconductor and tech sectors are seeking to avoid exposure to possible Trump tariffs
Malaysian economy minister Rafizi Ramli said he met 100 Chinese AI, tech and biomedical companies on a trip last year to assess their appetite for investing in the country

Chinese chipmakers and technology companies are heading to Malaysia in droves, its economy minister Rafizi Ramli said, as Beijing prepares to face more tariffs when Donald Trump returns as US president this month.

The moves by Chinese companies, which are expected to result in billions of dollars of investment in Malaysia in the coming years, would rival the US companies that have dominated the country’s market, he said.

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