TR Economy & Updates

[B_A]

Either they learn to achiever or higher or the pressure gets to them. The problem is they wont settle even for a 90 score.

Pressure is especially huge on Japanese males.

Our males havent any pressure,they still didnt want to run now

 

[B_A]

Turkey, at the crossroads of the “new silk roads”​

Published on :09/08/2023 - 1:10 p.m.
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Fifth episode of our series “new silk roads, ten years later”. Turkey occupies a central place, between Europe and the Orient. China has understood this well by investing massively in this country. A partnership that is often advantageous to him. But Covid-19 and the war in Ukraine have reshuffled the cards.

The “New Silk Roads” are at a crucial moment in Turkey. © Baptiste Condominas/RFI
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You have to cross the Bosphorus, a strait that connects the Black Sea to the Sea of Marmara, to get from one side of Istanbul to the other. Turkey's largest city straddles the European and Asian continents. On the European side, in the historic district of Sultanahmet, Chinese tourists have reappeared after Covid. They visit Hagia Sophia, Topkapi Palace and the Grand Bazaar. Losing yourself in its streets lined with colorful shops, you will find ancestral traces of the Chinese presence.
Adnan's antiques shop, 40 years in the business, contains more than one treasure including two old Chinese porcelain vases, blue and white. “ They date from the 19th century to the beginning of the 20th century,” says the seller, “ and were used to transport zamzam water, the sacred water from Mecca to Saudi Arabia. The Chinese produced a lot of white and blue ceramics from the 15th century onwards for the Topkapi Palace, where the world's largest and most luxurious collection of white and blue porcelain dating from the Ming period can still be found today. ,assures Adnan. Chinese porcelain for the sultan who lived in the Topkapi Palace, at the time when Istanbul was still called Constantinople. To transport these treasures, it was necessary to take the land silk routes before they were gradually supplanted by sea routes.

Adnan, antiques seller, at the Grand Bazaar in Istanbul. © Murielle Paradon/RFI

The port of Kumport, near Istanbul, bought by the Chinese​

Today, China still sends part of its products by sea to Turkey, an obligatory passage between the East and the West. And to ensure its outlets, it even had the luxury of purchasing the third goods port in Turkey: Kumport, an hour from Istanbul. The Chinese shipowner Cosco acquired it in 2015, buying 65% of the shares. Since then, the port has been operating at full capacity, or even beyond capacity, according to Hakan Yakupoglü, customs manager for the maritime freight company Narin. “ Almost all Chinese companies use the port of Kumport, 80 to 90% of boats arrive here ,” he explains, in front of an incessant ballet of trucks transporting containers. “ This creates overactivity which can slow down the arrival and dispatch of containers, with delays of 2 or 3 days sometimes .
Chinese goods arrive in Turkey by boat, at this port bought by the Chinese, but not only that. As part of the “new Silk Roads” launched 10 years ago by President Xi Jinping, China has invested in railways, highways and bridges. “ Beijing wants to take advantage of Turkey's central position to expand into the Eastern Mediterranean ,” summarizes Tolga Bilener, China specialist at the international relations department at Galatasaray University in Istanbul, and reach a Turkish market worth 85 million people. consumers ”.Trade has surged from $10 billion in 2010 to $45 billion today, the researcher said, making China Turkey's third-largest trading partner, but with a clear advantage for Chinese companies that export many more products than they import.

Kumport, bought by the Chinese shipowner Cosco, near Istanbul. © Murielle Paradon/RFI

China, Turkey's third trading partner​

To see this, just go to the Beauty Eurasia show, which took place in mid-June near Istanbul. Chinese exhibitors have come in force and they are selling everything: cosmetic packaging, false nails, and laser equipment. These multifunctional machines which remove hair, reduce cellulite and remove tattoos, are made in China, explains Rock Duan, sales director of Perfect laser, at his stand: “In China, we have factories that manufacture all the components for this type of machines, engineers who have 10 to 20 years of know-how, and lower manufacturing costs, these are advantages . ”The company is looking for distributors in Türkiye, a market with a large population. The country also occupies a central place “ close to the Middle East and Europe, right in the middle!” “, he specifies.
Sohar, who works at the head of Nikarich system, a distributor of this type of machine in Turkey, is very interested in Chinese products: “ We use a lot of Chinese products in Turkey, because unfortunately the equipment that comes from Europe or from America are too expensive for the Turkish market. Before I worked a lot with Russian companies, but in terms of customs it is simpler between Turkey and China, to send our payments to China too . Easier procedures, lower prices, the advantages are numerous but, according to Sohar “ we must also recognize that products made in China are not necessarily of good quality, we choose them because they are cheaper ” .

 

[B_A]

We are destroying by Chinese junk products

 

[Huelague]

Either they learn to achiever or higher or the pressure gets to them. The problem is they wont settle even for a 90 score.

Pressure is especially huge on Japanese males.

No process without making mistakes.

 

[Huelague]

China are not necessarily of good quality, we choose them because they are cheaper ” .

Our government should change the minimum requirement the quality of goods ( Standards), to make imports from China more expensive.

 

[B_A]

And the Chinese tourists are so funny they flight 5000 km to Türkiye then buy back the products which made in China.

With the current acount deficit the inflation will never end

 

[Huelague]

Look what EU will do against cheap electric vehicles from China.

 

[TheInsider]

China is not the old China anymore. China can produce low-quality products for extremely low prices, mid-quality products for low prices, and quality products for affordable prices. It is really hard to compete against Chinese industrial production capacity. On top of this China is progressing in high-tech critical subsystems. Just a few days ago China unveiled the Huawei Mate 60 with a national 7nm chip produced by SMIC. This paves the way to %100 made-in-China phones.

Chinese-made 7nm chips in Huawei phone raise questions over US export ban

The discovery of 7nm, 5G-enabled chips in Huawei’s latest phone has sparked an investigation by the US Commerce Department into how the country was able to acquire the technology.

www.computerworld.com

 

[Bogeyman]

https://twitter.com/i/web/status/1701851493668643310

US financing is coming to the $1.7 billion petrochemical facility project planned to be built in Adana's Ceyhan district, the main shareholder of which is a Turkish company.

The American International Development Finance Corporation (USIDFC) will provide $550 million in financing for the facility. Approval came from the board of directors last week

There are very high-level names on the board of directors: US Secretary of State Blinken, Treasury Secretary Yellen, Commerce Minister Raimondo and Agency for International Development (USAID) President Power.

 

[Sanchez]

USIDFC is a state "company", but it acts more of a federal government agency. They finance projects in mid and low income countries.

They currently have 9 active projects in Turkey, for a total of 1.7bn. God bless the transparent government institutions.

Active DFC Projects - Map View

www3.dfc.gov

Comparing it on the map, Turkey looks to be one of the biggest recipients of the financing USIDFC provides since the agency was started.

 

[Lool]

China is not the old China anymore. China can produce low-quality products for extremely low prices, mid-quality products for low prices, and quality products for affordable prices. It is really hard to compete against Chinese industrial production capacity. On top of this China is progressing in high-tech critical subsystems. Just a few days ago China unveiled the Huawei Mate 60 with a national 7nm chip produced by SMIC. This paves the way to %100 made-in-China phones.

Chinese-made 7nm chips in Huawei phone raise questions over US export ban

The discovery of 7nm, 5G-enabled chips in Huawei’s latest phone has sparked an investigation by the US Commerce Department into how the country was able to acquire the technology.

www.computerworld.com

Sadly, I agree

In order to defeat China or stop being dependent on China, you need to become like China itself
Something which the Indians, Koreans, and even the Japanese failed at

 

[dBSPL]

The housing crisis is rapidly evolving into a global crisis

 

[B_A]

China is not the old China anymore. China can produce low-quality products for extremely low prices, mid-quality products for low prices, and quality products for affordable prices. It is really hard to compete against Chinese industrial production capacity. On top of this China is progressing in high-tech critical subsystems. Just a few days ago China unveiled the Huawei Mate 60 with a national 7nm chip produced by SMIC. This paves the way to %100 made-in-China phones.

Chinese-made 7nm chips in Huawei phone raise questions over US export ban

The discovery of 7nm, 5G-enabled chips in Huawei’s latest phone has sparked an investigation by the US Commerce Department into how the country was able to acquire the technology.

www.computerworld.com

This company found by Taiwanese staff and ceo years ago

and Taiwanese had 2 nm tech.

梁孟松 - 维基百科，自由的百科全书

zh.m.wikipedia.org

Liang Mengsong brought a team of engineers from Samsung including Taiwan and South Korea to join SMIC [31] [32] [33] . He also recruited Zhou Meisheng, his former subordinate at TSMC, for SMIC [34] ; Zhou’s advanced technology research and development in the industry, It has qualifications for cooperation, transfer and other projects [35] , specializes in related technologies and holds more than 130 international patents. [35] On the recommendation of Liang Mengsong, Zhou Meisheng was appointed as the chief technology officer [34] , and Liang Mengsong recruited more than 200 core members for SMIC, most of whom came from Hsinchu Science Park in Taiwan [24] . Due to the non-compete clause, the team led by Liang Mengsong could not immediately invest in the research and development of SMIC's new generation products, so they participated in the improvement of previous generation products to improve the yield rate of the 28nm process [24] [4] [ 8 ]


Taiwanese is Chinese I wonder that why everyone think they were two race .

 

[B_A]

Sadly, I agree

In order to defeat China or stop being dependent on China, you need to become like China itself
Something which the Indians, Koreans, and even the Japanese failed at

Korean is the only one can match Chinese/Taiwanese in chip industry

 

[TheInsider]

This company found by Taiwanese staff and ceo years ago

and Taiwanese had 2 nm tech.

梁孟松 - 维基百科，自由的百科全书

zh.m.wikipedia.org

Liang Mengsong brought a team of engineers from Samsung including Taiwan and South Korea to join SMIC [31] [32] [33] . He also recruited Zhou Meisheng, his former subordinate at TSMC, for SMIC [34] ; Zhou’s advanced technology research and development in the industry, It has qualifications for cooperation, transfer and other projects [35] , specializes in related technologies and holds more than 130 international patents. [35] On the recommendation of Liang Mengsong, Zhou Meisheng was appointed as the chief technology officer [34] , and Liang Mengsong recruited more than 200 core members for SMIC, most of whom came from Hsinchu Science Park in Taiwan [24] . Due to the non-compete clause, the team led by Liang Mengsong could not immediately invest in the research and development of SMIC's new generation products, so they participated in the improvement of previous generation products to improve the yield rate of the 28nm process [24] [4] [ 8 ]


Taiwanese is Chinese I wonder that why everyone think they were two race .

No one has a 2nm commercial node yet. In lab, IBM reached 1nm so 2nm is not the latest and the greatest. Commercial production of TSMC 2nm is expected in 2025.

 

[B_A]

No one has a 2nm commercial node yet. In lab, IBM reached 1nm so 2nm is not the latest and the greatest. Commercial production of TSMC 2nm is expected in 2025.

Yes,but TSMC usually win at Commercial production against SAMSUNG and Intel.

Considering the population and the relationship between PRC and Taiwan,i cant say PRC doing very good.They just buy equipment and hire taiwanese engineers

Like the factory of late Ottoman empire

 

[B_A]

How about our 65NM chip now?

 

[Bozan]

https://twitter.com/i/web/status/1702306255623074121

 

[B_A]

Türkiye hopes to finalize discussions with China and strike a deal on the construction of the country’s third nuclear power plant “within the next few months,” a top energy official said on Thursday.
The move is part of Türkiye's ambitious plan to triple its renewable energy capacity by 2053 as it strives to become a carbon-neutral economy.



The discussions, aimed at boosting the nation's energy production, are now reaching their conclusive stages, with Energy and Natural Resources Minister Alparslan Bayraktar emphasizing the importance of sealing the deal amid interest from other parties.
Bayraktar said negotiations with China to build the plant in Kırklareli province in the Thrace region had been ongoing for an extended period.




"We have now reached the stage where we should finalize this agreement within the next few months, as other interested parties are also involved," the minister told a press briefing held by the ministry.
"We have been in talks with a Chinese company for a very long time. We are quite close."

Türkiye says nears deal with China for 3rd nuclear power plant

Türkiye hopes to finalize discussions with China and strike a deal on the construction of the country’s third nuclear power plant “within the next few...

www.dailysabah.com

Sabah English is easy to read

 

[Xenon54]

Türkiye hopes to finalize discussions with China and strike a deal on the construction of the country’s third nuclear power plant “within the next few months,” a top energy official said on Thursday.
The move is part of Türkiye's ambitious plan to triple its renewable energy capacity by 2053 as it strives to become a carbon-neutral economy.



The discussions, aimed at boosting the nation's energy production, are now reaching their conclusive stages, with Energy and Natural Resources Minister Alparslan Bayraktar emphasizing the importance of sealing the deal amid interest from other parties.
Bayraktar said negotiations with China to build the plant in Kırklareli province in the Thrace region had been ongoing for an extended period.




"We have now reached the stage where we should finalize this agreement within the next few months, as other interested parties are also involved," the minister told a press briefing held by the ministry.
"We have been in talks with a Chinese company for a very long time. We are quite close."

Türkiye says nears deal with China for 3rd nuclear power plant

Türkiye hopes to finalize discussions with China and strike a deal on the construction of the country’s third nuclear power plant “within the next few...

www.dailysabah.com

Sabah English is easy to read

A vital energy production facility in thrace which is exposed to invasion from enemy is stupid to say the least. And before anyone tries to ridicule, in a hypotetic invasion from european powers like in the past, the region around the straits will become prime target. Remember where brits attacked im WWI. Thats also the reason why Ankara became capital after centuries of Istanbul being it.
Look at Ukraine and how Russia is choking them by targeting the nuclear plants.

These plant need to be build closer to core of anatolia from a srategic point of view. Not to mention earthquake hazard which is prevalent in thrace but not central anatolia.
I sometimes wonder what these people think when deciding such stuff...