Today's Zaman - July 30, 2014
Recent figures from the Ministry of
Customs and Trade show that China was the largest source of foreign
capital found in Turkey during the second quarter of 2014.
China
purchased or entered a partnership in close to 40 marble quarries in
Turkey during that period. News reports from earlier this month
indicated that China has purchased more than 100 marble quarries in
Turkey over the last four years, establishing their presence in the
sector to such an extent that it has created discomfort among local
entrepreneurs, according to a statement from West Mediterranean
Exporters' Union (BAİB) President Mustafa Satıcı.
In recent
years, trade between Turkey and China has increased and Chinese
entrepreneurs have increasingly set their sights -- and directed their
capital -- towards Turkey. Figures from the Turkish Statistics Institute
(Turkstat) indicate that the trade volume between the countries
increased by 45 percent between the years of 2010-2013.
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