ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Trade war

Malaysia's economy slows as US-China trade war hits exports

GDP expanded 4.5% in first quarter, while growing tensions darken outlook

Malaysian Prime Minister Mahathir Mohamad, left, meets Chinese President Xi Jinping in Beijing in April. Malaysia last month revived the 640 km East Coast Rail Link deal with China, a multibillion dollar project that will help contribute to investment growth.   © Reuters

SINGAPORE -- Malaysia's economy slowed in the first quarter of 2019, as ongoing U.S.-China trade tensions took their toll on the country's exports.

The 4.5% expansion in gross domestic product announced on Thursday narrowly beat economist expectations, but was slower than the 4.7% in the previous three-month period. The escalating trade tensions between the world's two largest economies is expected to weigh on the Southeast Asian country's economic outlook.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more