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Ongoing recovery China to lift Malaysia s industrial production: Moody s

Ongoing recovery China to lift Malaysia s industrial production: Moody s NST Business © Provided by New Straits Times Moody s Analytics economist Denise Cheok says Malaysia has managed to pass its 2021 budget through parliament, which will likely guarantee further fiscal support into next year. KUALA LUMPUR: The ongoing recovery in Chinaʼs production will help moderate the decline in Malaysiaʼs industrial production in the near future, Moody s Analytics economist Denise Cheok said. In a note today, she said Malaysia has managed to pass its 2021 budget through parliament, which will likely guarantee further fiscal support into next year.  Although it will still need to be debated at the committee stage, the possibility of defeat in this second stage is slim, she said.

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