KUALA LUMPUR -- Malaysia has enjoyed a surge in investment from abroad as businesses run for cover from the Sino-American trade war, Finance Minister Lim Guan Eng said, while warning that everyone loses in a prolonged conflict.
Foreign direct investment increased 94.8% on the year to 21.7 billion ringgit ($5.18 billion) in the January-March quarter, according to government statistics. Investment from China has shown remarkable growth, Lim told Nikkei in an interview.
