Sino-Turkish Relations: An Overview
Since the West’s economic crisis in 2008, Turkey has been less keen to join the EU, and many Turks have begun to discuss the advantages of being closer to Asia, including China, the pivotal Asian force. China has been Turkey’s third-largest trading partner for ten years now, and this standing even excludes energy imports such as oil and natural gas. While both sides are intent on deepening relations in all aspects, some obstacles must be overcome in the near future, such as the trade deficit between the two countries, which leaves Turkey indebted to the powerhouse that is China to the tune of more than $20 billion annually.