#China will invest an estimated 170.07 billion ringgit (US$38.64 billion) in #Malaysia including in the petrochemical and automotive industries, Prime Minister #AnwarIbrahim said on Tuesday. Rongsheng Petrochemical Co Ltd will invest an estimated 80 billion ringgit in a petrochemical refinery in southern Malaysia, Anwar said in parliament. "There is no reason for a country like Malaysia to continue to depend on the U.S. dollar," Anwar said. Via todayonline • Riemoh