New order: Turkish President Tayyip Erdogan and Chinese Presdient Xi Jinping. Photo: Reuters, Damir Sagolj
New order: Turkish President Tayyip Erdogan and Chinese Presdient Xi Jinping. Photo: Reuters, Damir Sagolj
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Turkey is getting a boost from Chinese capital

Private capital from Turkey’s second-largest trading partner comes on top of huge infrastructure projects.

March 11, 2017 5:26 AM (UTC+8)

The Daily Sabah reported Friday that private Chinese capital is entering Turkey, with China’s ambassador to Turkey highlighting several large projects. While the two governments are working on a high-speed railway and nuclear power station, China’s Wanda has announced investment in a new resort, and China’s Tianchen Engineering has completed a natural gas storage project. The ambassador also stressed Turkey’s importance to the One Belt, One Road initiative.

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