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Malaysian Chinese remain the business sector's dominant players; equity ownership doubled from 22.8 percent in 1969 to 45.5 percent in 1990, and nearly all of Malaysia's richest people are Chinese. [134] Since Malaysian Chinese manage the country's economy, most (75.8 percent in 1991) live in urban areas. [135]
The fourth phase of foreign influence was marked by a wave of immigration of Chinese and Indian workers to meet the needs created by the colonial economy in the Malay Peninsula and Borneo. [8] The Japanese invasion during World War II ended British rule in Malaya.
Waves of Chinese emigration have happened throughout history. They include the emigration to Southeast Asia beginning from the 10th century during the Tang dynasty, to the Americas during the 19th century, particularly during the California gold rush in the mid-1800s; general emigration initially around the early to mid 20th century which was mainly caused by corruption, starvation, and war ...
As the Chinese economy opens up, Malaysian Chinese act as a bridge because many Malaysian Chinese are educated in the United States or Britain but can also understand the Chinese language and culture making it easier for potential entrepreneurial and business to be done between the people among the two countries. [92]
Immigration to Malaysia is the process by which people migrate to Malaysia to reside in the country. The majority of these individuals become Malaysian citizens . After 1957, domestic immigration law and policy went through major changes, most notably with the Immigration Act 1959/63.
George Town served as the nucleus of Malaysia's Chinese education system, when in 1904, Chung Hwa Confucian School was established. It was the first Chinese school to be built in British Malaya, as well as the first to use Mandarin as its medium of instruction. To this day, Chinese schools in Penang maintain a reputation for academic excellence.
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Emigration from Malaysia is a complex demographic phenomenon existing for decades and having a number of reasons, with institutional racism being one of the major factors. The process is the reverse of the immigration to Malaysia. Malaysia does not keep track of emigration, and counts of Malaysians abroad are thus only available courtesy of ...