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Transcripts For BBCNEWS Business 20240702

those tensions between washington and beijing over taiwan, trade and technology have encouraged businesses to look beyond china for their factories. malaysia for one, is hoping get a larger slice of that manufacturing pie. intel and globalfoundries are some firms that have recently expanded their operations in malaysia. according to sources, it hopes to double share. for more, i spoke to ong kian ming. he is the former deputy minister of trade and industry of malaysia. i think there s a challenge and opportunity, how do you deploy the chinese funds to go into the chinese funds to go into the innovative companies that would be in a position to come out with new products in the sum of the then there will be one challenge. including opportunities for companies in the region including malaysia to see how. by either investing or going to china or attracting chinese companies to come to malaysia to set up shop and invest in the sematech curtain ecosystem. == curtain ecosystem. se

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