Lim Guan Eng : U.S.-China trade war has benefitted Malaysia in short term
13 Sep 2018, 11:51 am
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Lim Guan Eng : U.S.-China trade war has benefitted Malaysia in short term

HONG KONG (Sept 13): Malaysian Finance Minister Lim Guan Eng has received so many inquiries from U.S. and Chinese companies that he isn’t sure how to ramp up capacity, he says to reporters in Hong Kong.

* Trade war to be positive for Malaysia over the next year or so, especially in electronics and steel production industries

* In the long term, trade war would be bad for Malaysia

* Trade war is a greater concern vs emerging market contagion

** Malaysia is off the radar for contagion and can ride out the storm

* Lim says he’s not in favor of capital controls

* NOTE: Mahathir Says Ringgit Fair Value Is Same as Asia-Crisis Peg (2)

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