$2.1b deals inked with Malaysia

Cooperation agreements worth a total of 14.6 billion yuan ($2.1 billion) were signed on Wednesday to facilitate a China-Malaysia industrial park project and commodity trading between China and the Association of Southeast Asian Nations.

The deals were inked during a trade promotion conference on the sidelines of the 21st China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region.

Focusing on the China-Malaysia projects, bulk commodity trading and supply chain finance, the meeting promoted collaboration on 15 industrial projects, 15 bulk commodity trading projects and six financial innovation projects.