Co­op­er­a­tion vi­tal for coun­tries to ride out eco­nomic woes

The Star Malaysia - - Nation -

SERI KEMBANGAN: The Malaysi­aChina Busi­ness Coun­cil has called for co­op­er­a­tion among coun­tries es­pe­cially in view of un­cer­tain­ties with the trade war be­tween China and the United States.

“With the ram­pant growth of geopo­lit­i­cal con­flicts, trade pro­tec­tion­ism and ex­trem­ism, we need to com­pete with th­ese neg­a­tiv­i­ties with con­struc­tive pos­i­tiv­ity,” said coun­cil chair­man Tan Kok Wai.

“Only co­op­er­a­tion and mu­tual ben­e­fit would pave the way to suc­cess in the long run,” he said, adding that the old thought of zero-sum game, and the idea of gain and loss, should be elim­i­nated.

Speak­ing at the World Chi­nese Eco­nomic Fo­rum (WCEF) held here yes­ter­day, Tan, who is also Malaysia’s spe­cial en­voy to China, said the Belt and Road (B&R) Ini­tia­tive was a tremen­dous strat­egy of co­op­er­a­tion and mu­tual ben­e­fit.

It would con­trib­ute enor­mously to peace­ful de­vel­op­ment glob­ally, he said.

In his speech, Tan high­lighted the im­por­tance of over­seas Chi­nese par­tic­i­pat­ing in the de­vel­op­ment of the B&R Ini­tia­tive.

“Ac­cord­ing to sta­tis­tics, there are about 60 mil­lion over­seas Chi­nese, of which more than 40 mil­lion are re­sid­ing in coun­tries along the B&R route, es­pe­cially Asean coun­tries such as In­done­sia, Thai­land, Malaysia and Sin­ga­pore.”

He said there are about seven mil­lion Chi­nese in Malaysia.

“Be­sides China, Hong Kong, Tai­wan and Macau, Malaysia pro­vides the most holis­tic Chi­nese ed­u­ca­tion. We are in a prom­i­nent po­si­tion to col­lab­o­rate with China in terms of lan­guage and cul­tural ex­change,” he said.

The WCEF is an in­ter­na­tional flag­ship event that pro­vides a plat­form for strength­en­ing and build­ing con­nec­tiv­ity and busi­ness link­ages be­tween South-East Asia, Europe and China.

It also brings to­gether the global Chi­nese di­as­pora and pro­motes en­trepreneur­ship and in­no­va­tion through busi­ness net­work­ing and shar­ing of knowl­edge.

Newspapers in English

Newspapers from Malaysia

© PressReader. All rights reserved.