Chery International invited to discuss investment plan and development direction in Malaysia during Prime Minister Anwar Ibrahim's recent visit to China

At the recent visit by Malaysian Prime Minister Anwar Ibrahim to China, the executives of Chery International were invited to participate in a discussion with the Malaysian delegation. We were sent the official press release from Chery International on their invitation but not much details on what was discussed

Now from a Malaysian business perspective, it is hoped that his trip to China bears some fruit and more foreign direct investments would be the outcome. But this is the initial stage and Chery already has some exposure in Malaysia over the past two decades or so where they had been initially successful for a while under a local distributor but then faltered to a halt most likely due to the lack of interest when prices could not be kept low. Malaysian buyers at that point of time will only purchase other than the normal brands if the prices are right for them.