China, Turkey Relations Strained After EV Investment Fallout

China and Turkey spent years strengthening a strategic partnership built on trade, investment and access to European markets. The sudden collapse of a flagship $1 billion Chinese investment now threatens to slow one of Beijing’s most important economic relationships in the region. For years, China and Turkey have maintained a cordial and strategic relationship, with Turkey’s access to the EU Customs Union making it an attractive destination for Chinese investments. Chinese goods produced in Turkey move into the EU without extra customs…