My Say: Why is China roaring through the middle-income level and Malaysia trapped in it? - News Summed Up

My Say: Why is China roaring through the middle-income level and Malaysia trapped in it?


Like Malaysia, China has its own five-year development plans and industrial master plans. All of China’s five-year plans have a vision statement of realising the “China dream of rejuvenating the nation”. It is the 13th five-year plan that is of interest for us for this question. Working hand in glove with the five-year plans are the industrial master plans. By comparison, of Malaysia’s five-year plans, called Malaysia Plans or “MP”, the 11th would be synchronous with the two China plans mentioned above.


Source: The Edge Markets May 21, 2022 11:35 UTC



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