What is Turkey doing while China gets close to Europe through the Silk Road?
How many years will it take for China to become a "superpower"? This was the first question that came to my mind when I recently noticed in the supermarket that the even the pumpkin seeds I bought had been imported from China. It is quite bizarre that Turkey imports the pumpkin seeds from China, when its people may be considered the world champions in the eating of pumpkin seeds, a favourite snack in the country.
But I also had another shock. To my surprise, the raw ingredient of the tomato sauce on top of Italian pizzas also comes from China.
According to Frenchjournalist Jean Baptise Malet, who researches the global tomato industry in his book "Red Gold's Empire," Italians buy the tomato puree from China, add water, salt, etc., and market it with a "Made in Italy" marker. I will return to this interesting subject again at the earliest possible opportunity.
But today's main topic is Chinese leader Xi Jinping's $900 billion project, dubbed the "New Silk Road."
China's project, which has been promoted through intense lobbying activities, involves 4 billion people and 60 countries with two sub-projects: The "Silk Road Economy Zone" and the "21st Century Sea Silk Route."
Beijing aims to achieve more than one thing at once with modern history's most extensive development project, promoted as "One Belt, One Road" (OBOR). These aims include ensuring political superiority over its neighbours, eliminating regional inequality, fusing capacity surplus by entering new markets, and shifting production from east to west.
One of China's biggest fears of is the flocking of Chinese producers to Southeast Asia. For this reason, while they are shift production to the west, they also plan to open production space for nearly 240 million...
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