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 two Asian nations sign infrastructure investment deals worth $4.2bn
A worker unloads palm oil fruit bunches at a factory in Tanjung Karang, Malaysia. Profits at Malaysian palm oil companies have been plummeting. © Reuters
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.