Malaysia, February 2020.
Excerpt:
"The relationship between China’s economic growth and that of the Malaysian economy is also too close for comfort, judging by statistics between 2010 and 2018. An estimate suggests that a 0.5% contraction of China’s economy is associated with a 0.2% decline in the growth of the Malaysian economy.
Given the material impact of the COVID-19 outbreak on the Chinese and global economies, Malaysia will likely arm itself with both fiscal and monetary arsenals in 2020. On the fiscal side, the government is already planning to introduce a stimulus package in the near term."
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