Finely chop or blend the fresh red chilies and garlic into a smooth paste.
In a small saucepan, combine the water, sugar, vinegar, and salt. Add the chili-garlic mixture.
Bring the sauce to a simmer over medium heat, then reduce the heat to low and cook for 5-7 minutes, allowing the flavors to meld.
In a small bowl, whisk together the cornstarch and 2 tablespoons of water to form a slurry. Add the slurry to the sauce. Cook for an additional 2-3 minutes, or until the sauce has thickened.
Allow the sauce to cool completely, then transfer it to a jar or serving container. Store in the refrigerator.
Serve with grilled dishes, roasted meats, or spring rolls.
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