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"Chinese companies have been continuously increasing investment in Malaysia and actively deepening cooperation in areas like infrastructure and e-commerce. Meanwhile, the enthusiasm of Malaysian companies investing in China also continued to rise, with Malaysian enterprises expanding their presence in the commercial, manufacturing and other industries in China," the minister counselor said.

"China, the world's largest truck market, is of utmost importance to us and has become one of our important markets for future growth," said Martin Daum, CEO of Daimler Truck AG.

"China's most important growth industries can benefit enormously from innovations in chemistry. Thanks to continuous investment in research and development over the past several years, we are able to support our customers in China and the entire Asia-Pacific as they strive to improve consumers' quality of life, address the challenges of rapid development and meet their sustainability goals," said Stephan Kothrade, president functions Asia-Pacific, president and chairman Greater China, BASF.

"Chinese restaurants used to be able to bring a lot of chefs from overseas, but it's a struggle now to get those people to come here, particularly with the high cost of living here," Hansson said.

"Chinese companies don't have a long heritage of going abroad. But British companies, for instance, have been doing this since at least the 1600s with the East India Company. Companies like BP and Shell are globally-minded organizations, while Chinese companies are more Chinese-centered," he says.