Turkey seeking its place in the Maritime Silk Road on March 6, 2017China’s “One Belt, One Road” (OBOR) is a grand plan of enhanced connectivity between countries of the Eurasian landmass, promising infrastructure development, increased trade, welfare creation through joint investments and people-to-people exchanges. Countries along the route are enthusiastic about the project, looking forward to benefit from the OBOR in the form of Chinese finance, physical […]
Turkey, Turkmenistan and Azerbaijan aim to increase connectivity on October 3, 2016ISTANBUL – The new international airport opened recently in Turkmenistan’s capital Ashgabat is an impressive work of architecture. It is of enormous size, having five floors in the main terminal with a total enclosed area of 162,000 square meters, and a unique design resembling a giant falcon spreading its wings. From an international logistics point […]
China in the Balkans: Serbia wants business but its future lies in Europe on July 3, 2016BELGRADE–If you were driving through Belgrade’s main artery, Arsenija ?arnojevi?a Boulevard, only a few days after China’s president Xi Jinping did with his entourage, you were surprised probably neither by the billboards celebrating the ‘Serbian-Chinese friendship’ nor by the sight of hundreds of lamp posts lining both sides of the road decorated with the logo […]
BoC setting up shop in Turkey on May 15, 2016Turkey’s banking regulation and supervision authority has granted permission to Bank of China (BoC) to launch operations in the Turkish market. Bank of China becomes the second Chinese lender to enter Turkey, after Industrial and Commercial Bank of China (ICBC), which had purchased a majority stake at a local bank last year. The Turkish subsidiary […]