The Belt and Road Initiative From A Supply-Chain Trade and Trade Facilitation Perspectives in Malaysia

Abstract

Over the past decades, bilateral relations have deepened and trade soared between Malaysia and China. China has become Malaysia's largest trading partner in the last decade. Now, the two countries are more closely linked. Hence, this study attempts to look into the past achievement particularly in enhancing the ties between Malaysia and China in trade and investment. These policy initiatives are analyzed with connections to multinational corporations (MNCs) strategies and governments’ developmental objectives in Malaysia. Recommendations are drawn not only for Malaysia but for other developing nations. Keywords—ASEAN; Chinese outward FDI; Economic Globalization; Foreign Direct Investment; Global Capitalism