Chinese companies have managed to perform well in Malaysia,
especially after the recession in the mid-1980s, due to a clear
change in the Malay dominated government's attitude to Chinese
capital. Despite the problems that prevail among UMNO politicians,
the government has provided a stable economic environment and
offers opportunities for domestic private investment, even for the
Chinese. Given these circumstances, it does appear that Chinese
capital in Malaysia has reasonable prospects for further growth in
the immediate future.
This study examines the dominant role of Chinese capital in the
economy, providing in-depth empirical research on its mode of
development and styles of operation. Covering the period from
colonial times to the present day this study identifies key issues
pertaining to Chinese business operations in Malaysia: ownership
and control patterns, style of growth, relations with the state,
politicians and other Chinese businessmen, and the manner of
development of business abroad, whilst debunking the theory that
large-scale Chinese capital is not very entrepreneurial in
nature.
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