Don’t believe me? Look at this table where MNCs relocating from China are going to.
To be fair, S’pore’s a developed city-state while the rest of Asean are third-world countries: including M’sia.
Btw, table also shows that PeenoyLand and Indonesia are “shithole” countries as far as manufacturing investments are concerned. Infrastructure problems, poor governance and bad labour and other laws ensure that MNCs don’t relocate there despite cheap labour and in Peenoy’s case, the use of some kind of English.
