China

This year marks a significant milestone in the diplomatic relations between China and Malaysia, celebrating 50 years of friendship and cooperation. The golden jubilee, designated as the "China-Malaysia Friendship Year," highlights a historical journey of mutual respect and shared growth. Amidst this celebration, the recent visit of Chinese Premier Li Qiang to Malaysia has set a new precedent for future...

The historic milestone of 50 years of diplomatic ties between Malaysia and China marks a significant chapter in the evolving landscape of international relations. As the two nations celebrate this momentous occasion, it's essential to reflect on the journey that has shaped their interactions and explore the potential opportunities and challenges that lay ahead. Let's delve deeper into the intricate fabric...

Zhengzhou's Innovative Home Swap Strategy to Revitalize the Property Market In an ambitious move to rejuvenate its property sector, Zhengzhou, a central city in China, has introduced a novel initiative encouraging residents to trade their second-hand homes for new ones. This strategy, facilitated by the Zhengzhou Urban Development Group Co., a local state-owned enterprise, is aimed at reducing the...

Penang is experiencing an unprecedented influx of tourists this Golden Week, as Chinese nationals enjoy a well-deserved break coinciding with International Workers’ Day. The island, known for its rich heritage and exquisite culinary offerings, has become a magnet for those looking to explore new cultures and cuisines. Jerry Chen, a project manager from Suzhou, is among the many who chose Penang as their...

In an evolving landscape where the allure of Southeast Asia’s property market captivates global investors, Malaysia emerges as a shining beacon, particularly in the eyes of Chinese residential buyers. A blend of economic stability, strategic location, top-tier international education, and a burgeoning property sector propels Malaysia into the spotlight, making it an irresistible choice for those seeking...

As the one-year visa waiver program between Malaysia and China nears its halfway point, there's a strong push from key stakeholders to extend the initiative past its December expiration. The Malaysian Inbound Tourism Association (MITA) and other industry leaders have observed significant benefits from the policy, sparking a discussion on making the visa exemption permanent to sustain tourism...

Malaysia and China are poised to introduce a visa-free travel arrangement that will benefit citizens of both nations. Under this arrangement, Malaysians will be allowed 15 days of visa-free travel to China, while Chinese citizens will enjoy 30 days of visa-free entry to Malaysia. The implementation of this travel arrangement is anticipated to commence next month. A source from the Malaysian Cabinet...

The Malaysia-China Kuantan Industrial Park (MCKIP) has successfully attracted cumulative investments exceeding RM31 billion across 21 projects, with plans to create more than 14,000 employment opportunities, according to Deputy Minister of Investment, Trade, and Industry, Liew Chin Tong. Out of the total investment of RM31 billion, RM14.6 billion has already been realized. To meet the increasing demand,...

China's property market continues to struggle despite government stimulus measures aimed at reviving the sector. Homebuyers, concerned about the uncertain economic outlook, are staying cautious, and property developers report soft sales. While the Chinese government has implemented policies to support the property market amid a deepening debt crisis in the sector, these measures have yet to significantly...

Malaysia continues to captivate Chinese investors, who seek high-quality, investment-grade assets like commercial real estate that provide stable, long-term revenue unlinked to China's economic cycle, according to Juwai IQI co-founder and CEO Kashif Ansari. Chinese investors find the strengthening economic ties between China and Malaysia particularly enticing, prompting an uptick in investment interest in...