Malaysian Finance Minister Lim Guan. Photo: Bernama/dpa

In new budget, Malaysia targets Chinese investments as tariff war rages on

  • Measures to attract investments include a ‘special channel’ for firms from China, and packages to entice Fortune 500 companies, the finance minister said
  • The government will also incentivise employers to hire local workers, and continue working to recover funds looted from the 1MDB state fund, Lim Guan Eng said
Topic |   Malaysia

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Malaysian Finance Minister Lim Guan. Photo: Bernama/dpa
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Bhavan Jaipragas

Bhavan Jaipragas

Bhavan is Asia Correspondent for the SCMP, covering breaking news, politics, diplomacy, trade and Southeast Asian macroeconomic trends. His work for the Post's Asia desk also focuses on the region's multifaceted interactions with the United States and China. A Singapore native, Bhavan previously worked for Agence France-Presse.