KUALA LUMPUR -- Malaysia says it will double palm oil exports to China to half a million tonnes annually as the Southeast Asian nation moves against European restrictions on a commodity used in everything from cookies to cosmetics.
The plan was made public on Sunday at the 20th China-ASEAN Expo in the southern Chinese city of Nanning, where representatives of the countries signed investment deals worth 19.84 billion ringgit ($4.23 billion) to develop warehousing, logistics and waste-to-energy power plants in Malaysia.