The Belt and Road Initiative from a Supply-Chain Trade Perspectives and Future Opportunities

Abstract

Over the past four decades, Malaysia and China's economic relations have become stronger and their bilateral trade soared. China is Malaysia's biggest trading partner in the last decade. Today, the two countries are even more closely connected. Therefore, the paper attempts to study the accomplishments, particularly in strengthening the Malaysia-China ties in both investment and trade. These policy initiatives are analysed in relation to multinational corporations' plans and governments' developmental aims in Malaysia. Policy recommendations are made to ignite the desire of Malaysia and other developing countries to improve the possible development MNCs activities and their impacts. Besides, tor many Muslim consumers especially those countries in Belt and Road Initiatives (BRI) and Regional Comprehensive Economic Partnership (RCEP), Halal status products are depending on Halal logistics and its related chain especially with regard to Halal food. Halal logistics (HL) and Halal supply chain (HSC) are a growing concept as a spin-off from conventional logistics and supply chain concept due to the increasing awareness of delivering the Halal products. Recommendations are drawn not only for Malaysia but for other Belt and Road Initiatives (BRI) and Regional Comprehensive Economic Partnership (RCEP) nations.

The digital rise and its economic implications for China through the Digital Silk Road under the Belt and Road Initiative

“…The Malaysian Open Lab is a cloud data platform for Asian entrepreneurship designed to foster collaboration between Malaysian enterprises and Huawei, which is situated in the Iskandar region and has been dubbed the next Shenzhen. Malaysia and China, under the joint vision of “two parks, two countries,” have agreed to build in Kuantan, Malaysia, the Malaysia-China Kuantan Industrial Park, as well as in Guangxi, China, the Malaysia Qinzhou Industrial Park (Nee, 2021). The WeShare platform of China has sought authorization from the central bank of Indonesia to use its AI expertise to collect and analyze massive amounts of data concerning potential borrowers (Ahmed, 2017).…”