China and Malaysia Strengthen Economic Ties Amid Global Uncertainties

Chinese leader Xi Jinping told Malaysia’s leader Wednesday that China will be a collaborative partner and stand with its Southeast Asian neighbors in the wake of global economic shocks.

“In the face of shocks to global order and economic globalization, China and Malaysia will stand with countries in the region to combat the undercurrents of geopolitical ... confrontation, as well as the counter-currents of unilateralism and protectionism,” Xi, who was on a state visit to Malaysia as part of his Southeast Asia tour, said in remarks at a dinner with Malaysian Prime Minister Anwar Ibrahim.

“Together we will safeguard the bright prospects of our Asian family,” he added.

Xi is visiting Vietnam, Malaysia and Cambodia this week, days after U.S. President Donald Trump’s tariff announcements disrupted the global economy, and he has used the trip to promote Beijing as a source of stability in the region. Although the trip was likely planned before the tariffs uncertainty, it was a chance for Beijing to shore up its own relationships in the region and look for ways to mitigate the 145% tariffs that Trump has kept on China, even as he paused tariffs for other countries.