China-ASEAN trade growth provides opportunities for Malaysia exporters: business association

KUALA LUMPUR, Jan. 28 (Xinhua) — The growing trade between China and the Association of Southeast Asian Nations (ASEAN) is providing Malaysian exporters with an opportunity to tap into the massive Chinese market, a Malaysia-based business association for China and ASEAN said on Monday.

Lim Gait Tong, president of the China-ASEAN Business Association (CABA), said that ASEAN’s trade with China has recorded higher growth rate than that with the European Union and the United States.

“So, this is an opportunity and the growth trend provides great potential for Malaysian exporters,” he was quoted as saying by state news agency Bernama.

CABA is a business promotion group which coordinates communication between chambers of commerce, industrial associations, trade institutions and enterprises within China and ASEAN, under the framework of China-ASEAN Free Trade Area.

“There was a good exchange of views on important economic and trade issues between China and ASEAN,” he said.

Spurce: Xinhua


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