IFLR China Outbound Investment Special Focus 2019
Turkey’s imports from China amounted to $20.71 billion in 2018 and China is among Turkey’s top trade partners, despite the slight decrease in trade in 2018 compared to the preceding five years. Turkish exports to China amounted to about $2.9 billion in the same period, resulting in a substantial trade imbalance in favour of China. Policymakers of both countries seem to recognise the importance for Chinese direct investment into Turkey to work towards an equilibrium yielding greater benefits for both economies.
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This article first appeared in IFLR magazine. For 30 years IFLR has worked with top law firms to provide insight for a global audience of private practice lawyers, in-house counsel at financial institutions, senior regulators and policy directors.