Investment fund urged

PUBLISHED : Wednesday, 25 January, 1995, 12:00am
UPDATED : Wednesday, 25 January, 1995, 12:00am
 

A CHINESE official and economist has proposed that a China-Malaysia mutual fund be set up to facilitate investment between the two countries.


Wang Daohan, director of the association for relations across the Taiwan Straits and former Shanghai mayor, said such a fund could also be used to promote joint investment by businessmen of the two countries to third countries.


Delivering his speech on 'new era in China-Malaysia co-operation' at a session of the first Malaysia-China forum in Kuala Lumpur, Mr Wang said the fund could be used to provide consultation to those interested in investment.


Share

 

Send to a friend

To forward this article using your default email client (e.g. Outlook), click here.

Investment fund urged

Enter multiple addresses separated by commas(,)

Related topics

For unlimited access to:

SCMP.com SCMP Tablet Edition SCMP Mobile Edition 10-year news archive