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Resilience

23/01/2026 06:02 pm MYT

2025 started with a lot of uncertainty and tribulation due to the absurd policies of Donald Trump after assuming the presidency of the United States for the 2nd time. Again, China was his chief target. However, unlike other countries where there were widespread panic and turbulence, China took the US relentless assaults with stride and struck back at the US with force. Consequently, US supply chain constraints and heightening inflation risks forced Washington back to the negotiating table. On 8 Dec 2025, president Trump even announced that he would allow Nvidia to supply H200 AI chips to China, with similar arrangements for AMD, Intel, and other US tech firms. In addition, the Trump administration's newly released National Security Strategy frames US-China competition primarily as an economic contest rather than a struggle over national security or political systems. Perhaps the Trump administration has belatedly found out that treating one's large trading partner and supply chain anchor as an adversary to be easily vanquished is a grave strategic miscalculation. 


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Note from Publisher

i Capital has written many times about economic growth versus economic development and said that Malaysia does not need headline-grabbing GDP growth rate but solid and sustained quality growth and economic development. Malaysia needs to learn from China in this respect. China started paying attention to quality growth even when the country’s GDP per capita was way below that of Malaysia. 

 

China used to import more than half of the world’s plastic waste before it introduced its National Sword policy in 2018 which significantly restricted the import of certain types of solid waste, particularly plastics. After China’s import ban, developed countries began to look for alternative countries to dump their plastic waste. Unfortunately, Malaysia became one of the replacement countries and became the world’s largest importer of plastic waste in 2023, according to an OECD report.

 

Last year, the Malaysian government implemented stricter rule to significantly tighten conditions for the imports of plastic scrap. This is a long-overdue action given that the 2025 Mismanaged Waste Index had placed Malaysia in a high-risk category, with about 26.4% of its plastic waste poorly managed. In fact, Malaysia should totally ban the imports of plastic waste and other solid waste.

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