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Tag: Turkey’s financial crisis raises questions about China’s debt-driven development model
China’s most significant outreach to Iran was long in coming but like all strategic decisions by China it is well considered, well timed and calibrated for maximum geo-political impact. This is truly a milestone in regional policy evolution with implications not just for Iran and China but also for Pakistan, Afghanistan, Turkey and the Central Asian states. It creates exploitable opportunities.
By James M. Dorsey Financial injections by Qatar and possibly China may resolve Turkey’s immediate economic crisis, aggravated by a politics-driven trade war with the United...