Malaysia's economy could be damaged by the US-China trade war or even become a target for sanctions itself, Malaysian Prime Minister Mahathir Mohamad has said. The three biggest markets for Malaysia's export-reliant economy are the US, China and Singapore, and he said his country must create its own world-class companies to compete with rivals. "We have to make our products more competitive in order to export them abroad," Mahathir told reporters on Monday at an investment conference in Kuala Lumpur.
Malaysia's economy could be damaged by the US-China trade war or even become a target for sanctions itself, Malaysian Prime Minister Mahathir Mohamad has said. The three biggest markets for Malaysia's export-reliant economy are the US, China and Singapore, and he said his country must create its own world-class companies to compete with rivals. Malaysia is also seeking partnerships within south-east Asia to offset the effect of the trade war.