Sou Hu Cai Jing·2025-10-04 06:52Core Insights - The article discusses China's evolving relationship with Turkey, particularly in the context of trade and investment, highlighting a shift from a passive to an active approach in international negotiations [1][3][19] Group 1: Trade Relations - In 2023, Turkey imposed a 40% tariff on Chinese electric vehicles, which expanded to all Chinese cars in 2024, with a minimum tariff of $7,000 per vehicle, aimed at addressing Turkey's significant trade deficit with China [3][11] - The initial tariff policy was quickly retracted within a week, and by mid-2024, Turkey completely eliminated the additional tariffs, indicating a misalignment between market demand and protective measures [3][11] Group 2: Investment and Cooperation - In July 2024, BYD announced a $1 billion investment to build a factory in Manisa, Turkey, expected to produce 150,000 vehicles annually and create 5,000 jobs, marking a significant step in bilateral cooperation [3][11][13] - The investment allows BYD to bypass tariff barriers and facilitates easier access to European and Central Asian markets due to Turkey's strategic location [11][19] Group 3: Historical Context - The article reflects on the historical challenges faced by China in acquiring the Varyag aircraft carrier, emphasizing the contrast between past negotiations and current proactive strategies [4][6][17] - The Varyag acquisition involved significant compromises and costs, totaling nearly $100 million, showcasing the evolution of China's negotiation power and economic strength over the past two decades [6][17] Group 4: Economic Impact - The establishment of the factory is expected to benefit local industries, including automotive parts and logistics, and contribute to the upgrade of Turkey's domestic automotive sector [9][11] - The collaboration signifies a shift from mere trade to deeper industrial cooperation, enhancing both countries' economic prospects [13][19]