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0443 ET – Malaysia is likely to be a key beneficiary of the ongoing restructuring of global supply chains, supported by stronger AI-related participation, with expanded re-export activities and increased Chinese investment inflows, UOB economists say in a note. They say the country has benefited from both long-term production shifts under the China+1 strategy and near-term trade diversion away from China. Looking ahead, sustaining these gains will depend on Malaysia’s ability to deepen local manufacturing capabilities, move further up the technology value chain and create more domestic value as tougher rules of origin and anti-transshipment measures take effect, they add. ([email protected])
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