LOCAL BUSINESSES FEELING THE SQUEEZE

At Sunway Velocity, an integrated commercial township on the outskirts of Kuala Lumpur, Nanjing Street is home to a cluster of Chinese restaurants, supermarkets and lifestyle stores.

Mandarin features prominently on shopfronts, menus and signboards.

Many of the businesses are run by Chinese nationals, while their customers include visitors from various parts of China.

Guangdong native Jason Li opened his first hair salon in Malaysia earlier this year after facing what he described as cut-throat competition in China’s hairdressing industry.

“Competition in China is incredibly intense, with hair salons…

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