US-China trade war benefits Malaysia, says Mahathir

He says investors who cannot invest in certain countries may come to Malaysia.

Dr Mahathir says Malaysia is always ready to welcome foreign investors. (Bernama pic)

LANGKAWI: Malaysia is likely to benefit from the trade war between China and the United States (US) in terms of attracting foreign investors, said Prime Minister Dr Mahathir Mohamad today.

He said policies implemented in this trade war would benefit investors who could not invest in certain countries, thus benefiting countries that were not involved.

“We (Malaysia) are not involved (in this trade war) and there is a possibility the investors who cannot go to certain countries will come here (Malaysia),” he said at a media conference here.

The trade war between the two major countries accelerated on Wednesday when the US administration increased pressure on China for trade concessions by recommending a 25% higher tariff on China’s imports valued at US$200 billion (RM816 billion). - FMT