Chinese companies are looking at opportunities in Turkey. The Turkish lira plunged by 40% since the beginning of 2018, making local assets cheaper. In addition to Alibaba, which earlier this year purchased Turkish online retailer Trendyol, Chinese companies have shown interest in Turkey’s retail, infrastructure, mining, energy, and insurance industries. Turkey retains enviable demographics, making it particularly attractive for consumer-focused industries over the long term. It is home to some
…Chinese group eyes Turkey
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