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Mondo Finance Updated on 2024-01-23

Repercussions on the Internet: The attention gained by the Turkish delegation indicates that Turkey is actively seeking cooperation with China.

Similar incidents: Turkey has tense relations with the West, so it seeks to diversify cooperation, and China has become an important direction.

Impact on society: Turkey hopes to play a more important role in promoting economic development by cooperating with China.

Impact: Turkey seeks to cooperate with China to promote economic development and benefit China's Belt and Road Initiative.

Interactive Elements: Do you think Turkey's cooperation with China can be a win-win situation?How to balance investment returns and risks?

On the 2nd of this month, the first China International ** Chain Promotion Expo came to a successful conclusion. The expo attracted 515 exhibitors from 55 countries and regions. During the five days, the delegates conducted extensive discussions on the stability and smoothness of the global ** chain around the theme of "Linking the World and Creating a Better Future".

During the exposition, the arrival of the Turkish delegation attracted attention. The Turkish delegation sent their confident ambassador, who emphasized Turkey's geographical advantages and believed that Turkey was expected to become an important bridge between East and West. He also said that especially in the current situation where the global ** chain is experiencing multiple challenges, Turkey has the opportunity to become an important channel for Chinese and even Asian goods to enter the European and African markets.

This move closer to China can be seen in Turkey's statements on other occasions. At last month's Turkey-China Economic and Trade Forum, Turkey expressed a strong desire to deepen cooperation with China. Whether it's in the field of digital platforms, renewable energy, electric vehicles, the defense industry, etc., Turkey hopes to penetrate widely at all levels of cooperation with China. This move closer to China is particularly evident in the context of Turkey's tightening relations with the West, especially the United States.

The tension in Turkey's relations with the West stems mainly from a number of factors. Turkey was sanctioned by the United States after the purchase of Russian S-400 anti-aircraft missile systems, which had a direct impact on bilateral relations. In addition, Turkey's position on the issue of the Eastern Mediterranean, the Syrian issue, and Western countries are at odds, which leads to a further deterioration of relations with Western countries.

In the face of foreign policy challenges, Turkey hopes to gain more leverage by cooperating with China. By establishing closer economic ties with China, Turkey hopes to increase the flow of Chinese investment into Turkey and boost its economy. As a bridge between Asia and Europe, Turkey has a natural geographical advantage over China's Belt and Road Initiative. If more logistics, ** and cultural exchange platforms can be established in Turkey, it will undoubtedly be beneficial for the further penetration of Chinese products into the European market.

However, China also has concerns about cooperation with Turkey. Turkey's foreign policy has been volatile and often imposes protectionist measures, which has made Chinese companies more cautious when considering investment. China needs to consider the balance between investment returns and risks, and should not simply be attracted by Turkey's "investment needs", but need to make decisions through detailed market research and risk assessment.

Although Turkey seeks to cooperate with China, it does not mean that Turkey will completely abandon relations with the West, especially NATO. Rather, it is more of a balancing act on the international stage, trying to open up new prospects for cooperation and increase its international influence while maintaining ties with its traditional allies. Turkey's consistent foreign policy has mostly taken advantage of its geographical advantages to jump left and right between Russia and Europe. Now, Turkey is seeking cooperation with China, and it may also be hoping to exert some pressure on the United States through cooperation with China to achieve the goal of being pro-China and blackmailing the United States.

Finally, let's discuss whether Turkey's cooperation with China can achieve a win-win situationWhat is Turkey's motivation for seeking cooperation with China?How to balance investment returns and risks?Welcome to leave a message to participate in the discussion!

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