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MCA woos investors from China

PETALING JAYA: MCA hopes to see more companies from China investing in Malaysia through joint ventures with local partners, said its president Datuk Seri Ong Ka Ting.

He said the party would also convey the message that the Malaysian Government welcomed Chinese investment companies to the country through the Malaysian Chinese Economic Consultative Council (MCECC).

“When I visited China recently, I highlighted our economic corridors to the investors and expressed our wish to cooperate with them,” he said after paying his last respects to Tian Lang, the mother of Sin Chew Daily editor-in-chief Pook Ah Lek, here yesterday.

He added that the Prime Minister had also conveyed the same message to Chinese Foreign Minister Yang Jiechi during his visit here recently.

Ong was commenting on the remark by Chinese ambassador Cheng Yong Hua that the Chinese embassy here would help promote Malaysia as an investment destination to Chinese investors.

In an exclusive interview with Nanyang Siang Pau on Wednesday, Cheng said most Chinese companies were investing in the private sector where many of the corporations had the potential to further develop themselves overseas.

However, he said the growth of such companies was still lagging behind those in countries like Singapore and Indonesia.

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