Malaysia moves to protect local firms as cheap Chinese goods fill market

Malaysia is stepping up scrutiny of foreign-run businesses amid concerns from local operators over competition from China. The government wants to retain Chinese investment, technology and affordable consumer goods, while assuring local small and medium enterprises (SMEs) that foreign competitors are not subject to dif

The Fed held rates steady at new Chair Kevin Warsh's second meeting. Tom Williams/CQ-Roll Call, Inc via Getty Images The Federal Open Market Committee opted to hold rates steady in July. Chair Kevin Warsh is developing his signature communication style — and going hard on inflation. Three FOMC members hoped for a rate

EconomyChina-made goods continue to spread worldwide despite US tariffsThe U.S. temporarily imposed tariffs of up to 145% on Chinese goods last year. © APYUME NAMEKATAJuly 30, 2026 03:17 JSTTOKYO -- Chinese companies expanded their global market share in nearly 40% of major goods and services last year, a Nikkei analys