Sunday, August 23, 2015

Turkey’s global competition with China | Global Risk Insights

Turkey’s global competition with China
Turkey’s global competition with China
4 5 2 0
by Jeremy Luedi , August 23, 2015

Anti-Chinese tariffs and sentiments are increasing in Turkey as Ankara’s dependence on Chinese imports grows. Despite this, Turkish firms are taking on China in Africa and Central Asia.

Two weeks ago, Turkish President Tayyip Erdogan announced that Turkey would again consider an offer by Chinese defense contractor China Precision Machinery Import Export Corp (CPMIEC) for a $3.44 billion air and missile defense system.

More:Turkey’s global competition with China | Global Risk Insights