How Malaysia and China can deepen ties amid South China Sea disputes and US-China rivalry
As a linchpin of China’s economic presence in Southeast Asia, Malaysia enjoys long-standing trade ties with the world’s second-largest economy, with trade volumes nearly doubling from US$106 billion in 2013 to US$203.6 billion last year.
Malaysia is China’s second-largest trading partner in a region that is increasingly important in Beijing’s foreign policy vision and initiatives, including the Belt and Road Initiative and Global Development Initiative.Yet challenges remain, and both Beijing and Kuala Lumpur should know this.
Amid intensifying geopolitical rivalries and pressures on countries to take sides, Malaysia has long sought to hedge between China and the United States. Territorial disputes, historical misfortunes and tensions between ethnic groups, and a complex history ...