China’s high-visibility stake in postwar Syria was straight from its playbook elsewhere in the Middle East, as well as in Asia and Africa: windfall investments in return for local access and global cover. Analysts and diplomats, however, say that even in relative calm, Syria will offer poor returns for years to come.
onsdag 21. juli 2021
Syrian economy lies in ruins and China sniffs opportunity
Standing on a podium on Saturday to take an oath of office, Bashar al-Assad declared himself the only man who could rebuild Syria. His first foreign guest, China’s foreign minister, Wang Yi, seemed to enhance his claim, endorsing the president’s win in a May poll described by Britain and Europe as “neither free nor fair” and laying a marker to help get the job started.
China’s high-visibility stake in postwar Syria was straight from its playbook elsewhere in the Middle East, as well as in Asia and Africa: windfall investments in return for local access and global cover. Analysts and diplomats, however, say that even in relative calm, Syria will offer poor returns for years to come.
China’s high-visibility stake in postwar Syria was straight from its playbook elsewhere in the Middle East, as well as in Asia and Africa: windfall investments in return for local access and global cover. Analysts and diplomats, however, say that even in relative calm, Syria will offer poor returns for years to come.
