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Malaysia Shifts Focus To China From Japan – Nikkei

Southeast Asian nation faces Covid, 1MDB and value chain hurdles on path to high-income status


A ban on exporting rare earth tech is likely to spur more such facilities in Asia, the Americas and Europe, analysts say.
Lynas operates the world's largest rare earths processing facility in Kuantan in Malaysia. It has reportedly said it will begin refining dysprosium at this site next year, although that is a complex chemical process that can take years to master. Photo: Lynas Rare Earths.

 

When engineers and mechanics at Perusahaan Otomobil Kedua, Malaysia’s largest car manufacturer, need a breather, they head to the “dojo” – a Japanese word that typically describes a hall for practicing martial arts, Nikkei reported.

Four decades after its “Look East Policy” deepened ties with Japan, Malaysia is increasingly seeking economic cooperation with China for trade and foreign direct investment – particularly in manufacturing as it strives to climb the global value chain, the report said.

 

Read the full report: Nikkei Asia.

 

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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.