Credit from China

energy and infrastructure projects in Turkey for $ 3.6 billion ICBC Chinese lenders, Sultan Selim Bridge and the Marmara Northern Highway project for ICBC Turkey authorized the refinancing of 2.7 $ billions. THY also support ICBC, which is activated for three-day transportation has reached $ 7 billion
Economics Department

Chinese financial institutions in recent years is among the most capricious banks to lend to Turkey. At the base of this appetite is the generation and road project, which will connect Beijing and London with iron nets. After setting a $ 500 billion budget under the project, China has invested up to $ 70 billion in the Beijing-Istanbul line. Chinese investment in Turkey, which will be implemented under the project is expected to reach $ 100 billion. The funding pillar of the project is China's largest bank, ICBC. For the private sector mouth has opened the Chinese financial institutions to invest in the reduction of energy and transport for Turkey, it approved the $ 3.6 billion loan package will be provided to banks and institutions public. Finally, ICBC has been authorized as the main regulator of ICBC Turkey for the refinancing of the existing $ 2.7 billion loan from the Yavuz Sultan Selim Bridge and the Northern Marmara Motorway Project.
Letter of approval for refinancing issued by ICBC Turkey to Ankara and Road Investment and Financial Business Summit Association. The signatures were filed by ICO Turkey President Gao Xiangyang and ICA Board Member Serhat Tchechen in front of the Minister of Energy and Energy. Natural Resources Fatih Dönmez and ICBC President Yi Huiman.

US ELI OFF
ICBC, which wants to participate in almost all projects in the transport sector, plans to use Turkish Cypriot financial services to finance the project financed by the Turkish banking system, Istanbul is one of the banks most willing to move to the third airport. ICBC is also involved in this consortium when it is to sign with 12-13 local and foreign banks for a loan of $ 800 million to $ 1 billion to be used for the investments to be made in connection with the transportation of THY. The agreement should be concluded this month. The support of Chinese financial institutions will provide access to three separate language yet another $ 7 billion in projects in Turkey exceeded condition. Chinese banks will find difficulties to finance because of Turkey's appetite said that Turkey seeks to implement the embargo also pointed out that the United States came back empty-handed.

Turkish cherries Chinese food
from Turkey to China, took place the first cherry exports covered by the phytosanitary protocol signed between the two countries. President of Anadolu Kiraz, İhsan Beşer, said that the 4-tonne cherry destined for China has been transported to the cities of Beijing, Shanghai and Guangzhou and that "Turkish cherries will take their place in Chinese trading posts. The Chinese are now eating Turkish cherries, "he said, saying that the cherries were sent to 4 different customers, Beşer said that they were expecting to receive more orders for the 39, next year Emission of cherry "900 Agriculture Napoleon" Five voicing the kind of cherry noted that both will be sold in department stores and virtual stores in the control method.

Turkey Journal