U.S.-China Trade War Report
U.S.-China Trade War Report
In the midst of the U.S.-China trade war, the American Malaysian Chamber of Commerce (AMCHAM) conducted an online survey of its members for a quick sentiment report. A total of 70 companies answered the survey.
A majority of companies are concerned by the ongoing trade war. Almost half consider trade tensions to have had a negative impact on business performance in the past 6 months.
Southeast Asia, and Malaysia specifically, are considered to be more attractive places to invest and do business with many waiting to see how the negotiations are progressing. Some supply chain readjustment are afoot and many are delaying the investment decisions at amidst the uncertainty.
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AMCHAM Malaysia Trade War Report 2019