Turkey puts its best foot forward to charm Chinese investors

Turkey puts its best foot forward to charm Chinese investors

Legit | 13-07-2024 05:40pm |

Turkey plans to draw on its geographical position and an EU customs deal to entice Chinese investors keen to access European markets tariff-free, as it recently just did with carmaker BYD. The Chinese electric vehicle giant signed a billion-dollar deal with Ankara on Monday to open a plant in western Turkey, promising to create 5,000 jobs, a move that will help it dodge new EU tariffs.

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