CHINAMALAYSIA RELATIONS
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China–Malaysia Relations • • CHINA-MALAYSIA RELATIONS • China–Malaysia relations are the bilateral foreign relations between the two countries, China and Malaysia. • China has its embassy in Kuala Lumpur, and consulate-general offices in George Town, Kota Kinabalu and Kuching. • Malaysia maintains its embassy in Beijing, as well as consulate offices in Kunming, Guangzhou, Shanghai, Xi'an and Hong Kong. • The two countries are also bounded by the historical presence of Chinese people in Malaysia, which is currently the third largest Chinese diaspora around the world, after Indonesia and Thailand. • Both countries are claimants in the South China Sea dispute and in recent times has resulted in some friction, mainly from Malaysia. • Diplomatic relations were established on 31 May 1974, following the end of the Cold War when diplomatic foreign relations between China and Malaysia immediately and positively changed. • Political and cultural connections between the two nations began to strengthen. Both countries are full members of APEC, and there is a sizeable population of Chinese in Malaysia. • In February and March 2024, Malaysian PM Anwar Ibrahim criticised the growing 'China-phobia' sentiment in western nations, insisting that Malaysia can be friends with both China and the West. • China expressed appreciation for Anwar's comments, adding that Malaysia was a friendly neighbour and a priority in China's neighbourhood diplomacy. • Malaysia was China's top trading partner within Association of Southeast Asian Nations (ASEAN) until 2017, when it was overtaken by Vietnam. • The two-way trade volume between China and Malaysia in 2013 reached $106 billion, making Malaysia China's third-largest trade partner in Asia, just behind Japan and South Korea and eighth largest overall. • On 31 May 2014, China and Malaysia pledged to increase bilateral trade to US$160 billion by 2017. • They also agreed to upgrade economic and financial co-operation, especially in the production of halal food, water processing and railway construction. • China's transformation into a major economic power in the 21st century has led to an increase of foreign investments in the bamboo network, a network of overseas Chinese businesses operating in the markets of Southeast Asia that share common family and cultural ties. • China subsequently emerged as the major investor in Malaysia, funding large infrastructure projects nationwide with a huge investment in the country. • This became the platform for China firms to enter the ASEAN markets. There is also a Malaysia China Business Council. • Malaysia has several Chinese Belt and Road Initiative projects under construction, including the East Coast Rail Line, Kuantan Port Expansion, Green Technology Park in Pahang, Forest City, Robotic Future City, and Samalaju Industrial Park Steel Complex. • On 26 November 2023, Malaysian Prime Minister Anwar Ibrahim announced visa free for Chinese citizens. • On 1 December 2023, China announced visa free for Malaysian citizens for stays less than 15 days. • In June 2024, China and Malaysia renewed their five-year economic and trade cooperation agreement during Chinese Premier Li Qiang's visit to Malaysia. • Reference • https://en.wikipedia.org/wiki/China–M... • .
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