KUALA LUMPUR: While economists are positive on the impact of the easing of China’s zero-Covid restrictions on the Malaysian economy, fund managers believe investor sentiment on the Bursa Malaysia will be driven by domestic factors and relative valuations.
According to Sunway University economics professor Dr Yeah Kim Leng, China and Hong Kong combined absorbed 19.7% of Malaysia’s total exports in 2022, down from 21.7% in 2021.
“China’s exit from the zero-Covid restrictions in January 2023 will boost its growth from 3% in 2022 to 5% to 5.5% projected for this year.
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