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Chinese bank to lend $3.6 billion to Turkey: Albayrak

Funny to see some Chinese thinking that Turkey is begging for this money.

Turkey has a GDP/capita near 30,000 US dollars at PPP and that is around twice that of China. Also it's GDP/capita is growing at the same rate as China.

Turkish economy is very stable with revenues and spending very nearly aligned. There is a slight issue with imports being 20% more than exports but that is mainly due to energy imports to power coal and gas plants, which will decrease as the nuclear power plants start coming online from 2020 onwards.

China has a lot of money lying around and it wants to gain some extra cash by lending this and there may be conditions that Turkey spends a proportion of this on Chinese goods/technology.
 
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Funny to see some Chinese thinking that Turkey is begging for this money.

Turkey has a GDP/capita near 30,000 US dollars at PPP and that is around twice that of China. Also it's GDP/capita is growing at the same rate as China.

Turkish economy is very stable with revenues and spending very nearly aligned. There is a slight issue with imports being 20% more than exports but that is mainly due to energy imports to power coal and gas plants, which will decrease as the nuclear power plants start coming online from 2020 onwards.

China has a lot of money lying around and it wants to gain some extra cash by lending this and there may be conditions that Turkey spends a proportion of this on Chinese goods/technology.
Check your numbers straight, China's per capita GDP this year will be around 10000 dollars similar to Turkey, but the point is per capita GDP doesn't mean the country has no money problem. Turkey is just a place with the size of a average Chinese province, China has many provinces with per capita GDP higher than Turkey and over 30 provinces together make China an economic powerful country, foreign reserve wise even a Chinese city Hong Kong is many many times bigger in foreign reserves than Turkey. China's foreign reserve is around one third of the world total. Greece in GDP capita is high than Turkey but that didn't stop the country going bankrupt.

636238321546080602.jpg

China has at least 9 provinces with GDP per capita over 10000 US dollars.

List of countries by foreign-exchange reserves
https://en.wikipedia.org/wiki/List_of_countries_by_foreign-exchange_reserves
 
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Check your numbers straight, China's per capita GDP this year will be over 10000 dollars similar to Turkey, but the point is per capita GDP doesn't mean the country has no money problem. Turkey is just a place with the size of a average Chinese province, China has many provinces with per capita GDP higher than Turkey and over 30 provinces together make China an economic powerful country, foreign reserve wise even a Chinese city Hong Kong is many many times bigger in foreign reserves than Turkey. Greece in GDP capita is high than Turkey but that didn't stop the country going bankrupt.

Dude, I am talking about GDP capita at PPP and that is where Turkey is twice as rich as China.

It's foreign reserves are stable in the 130-150 billion US dollar mark and external debt is at 50% of GDP.

Please do not compare Greece with Turkey. Turkey has industry that Greece does not. Greece lives on tourism and EU handouts and crashed in 2008 as the Euro party came to an end when they could not pay back the loans for all those imported luxuries like German cars.

Turkish exports have risen by 10% a year average since Erdogan came into power back in early 2000s.
Turkey will also become the next high-tech weapons exporter with a ready-made market around the Muslim world selling billions of US dollars each year. Already Pakistan has signed an order for 30 T-129 attack helicopters and 4 Milgem-class corvettes worth billions of US dollars. BD is also actively interested in the T-129 helicopter.

Sorry But Turkey is a near(less than 10 years) developed country of 80 million people and will have the backing of more than 1 billion Muslims around the world. China is pretty much on it's own and is devoid of any real allies bar Pakistan and Myanmar(lol).
 
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Dude, I am talking about GDP capita at PPP and that is where Turkey is twice as rich as China.
In China we don't use PPP , I think only India use PPP, PPP wise China is the the top in the world with GDP far ahead of USA and EU, do you really believe so? We don't believe.

Turkey is a near(less than 10 years) developed country of 80 million people and will have the backing of more than 1 billion Muslims around the world. China is pretty much on it's own and is devoid of any real allies bar Pakistan and Myanmar(lol).
Muslim countries don't have a good track record on supporting each other, so 1 billion supporting Turkey is your illusion, besides, we have over 1 billion people support China by ourselves.

Turkey will also become the next high-tech weapons exporter with a ready-made market around the Muslim world selling billions of US dollars each year. Already Pakistan has signed an order for 30 T-129 attack helicopters and 4 Milgem-class corvettes worth billions of US dollars. BD is also actively interested in the T-129 helicopter.
Turkey becomes a major world arms exporter.., that's news to me, Great, go for it.

2012–2016 Rank Supplier Arms Exp
1 United States 47,169
2 Russia 33,186
3 China 9,132
4 France 8,564
 
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In China we don't use PPP , I think only India use PPP, PPP wise China is the the top in the world with GDP far ahead of USA and EU, do you really believe so? We don't believe.



Average Turk has twice the living standard of average Chinese. That is my point dude.
Turkey has devalued currency due to economic stage and politics currently. It will start to increase in value next decade as it becomes a fully developed country.

Sorry to bust your bubble but Turkey is supported by more than 1 billion Muslims around the world and even your best friend Pakistan is starting to arm with Turkish weapons now. China offered Z-10 attack helicopter and Pakistan goes and orders 30 T-129s instead. China has been trying to sell naval ships to Pakistan for 10 years and Pakistan orders 4 Turkish Milgem-class corvettes worth over 1 billion US dollars.

BD fully supported Turkey during their offensive in Iraq and is actively looking at buying weapons from them.

Nearly all Muslims will help Turkey as they want a large and industrialised Muslim country.
 
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China offered Z-10 attack helicopter and Pakistan goes and orders 30 T-129s instead. China has been trying to sell naval ships to Pakistan for 10 years and Pakistan orders 4 Turkish Milgem-class corvettes worth over 1 billion US dollars.
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You will see the amount of money on the global arms rankings, go and check yourself.

2012–2016 Rank Supplier Arms Exp
1 United States 47,169
2 Russia 33,186
3 China 9,132
4 France 8,564

You dumb dude?:(

IMF is more credible than you.

End of conversation now.:D
We don't go for PPP, unless you believe China is the world number one far ahead of USA economically

At last, tell me why Turkey needs to borrow billions of dollars from us and not the other way around?
 
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You will see the amount of money on the global arms rankings, go and check yourself.

2012–2016 Rank Supplier Arms Exp
1 United States 47,169
2 Russia 33,186
3 China 9,132
4 France 8,564


We don't go for PPP, unless you believe China is the world number one far ahead of USA economically

At last, tell me why Turkey needs to borrow billions of dollars from us and not the other way around?

this bengal is stupid as f ck.. stop lowering your self
and no point to educated bengal , there is no benefit.
it's in muslim traits to believe Muslim world is on the rise..
just let them be. :enjoy:
 
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this bengal is stupid as f ck.. stop lowering your self
and no point to educated bengal , there is no benefit.
it's in muslim traits to believe Muslim world is on the rise..
just let them be. :enjoy:

Another dumb Chinese.

Muslim world is partially on the rise.
Arabs I have no hope for and Indonesia is a dead end.
Turkey and Malaysia are definitely nearly developed and hoping BD follows their path.
 
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Another dumb Chinese.

Muslim world is partially on the rise.
Arabs I have no hope for and Indonesia is a dead end.
Turkey and Malaysia are definitely nearly developed and hoping BD follows their path.
a bengal calling Chinese dumb? lol
Check your IQ first before calling somebody Dumb :enjoy:
to much banging your head to floor make you dumber than any retarded species on the planet :lol:
 
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a bengal calling Chinese dumb? lol
Check your IQ first before calling somebody Dumb :enjoy:
to much banging your head to floor make you dumber than any retarded species on the planet :lol:


Obviously your IQ is on the lower end of the spectrum as can be seen from the quality of your posts.

Time to get your head back to reality as even Pakistan prefers Turkish weapons to Chinese, even though China essentially gives them to Pakistan for free as it generally waives the soft loans that Pakistan uses to pay for them.
 
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Obviously your IQ is on the lower end of the spectrum as can be seen from the quality of your posts.

Time to get your head back to reality as even Pakistan prefers Turkish weapons to Chinese, even though China essentially gives them to Pakistan for free as it generally waives the soft loans that Pakistan uses to pay for them.

lol since when pakistan become China benchmark for military weapon?
without China do you think they can build a JF-17?
what China gave to pakistan not even state of art weapon and there won't be any state of art weapon for export.

South asian full of delusional people and achieve nothing :rolleyes:
 
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lol since when pakistan become China benchmark for military weapon?
without China do you think they can build a JF-17?
what China gave to pakistan not even state of art weapon and there won't be any state of art weapon for export.

South asian full of delusional people and achieve nothing :rolleyes:

So China only gives rubbish to Pakistan, it's only ally?
You are one dumb Chinese.

Enjoy talking to yourself now.:D
 
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So China only gives rubbish to Pakistan, it's only ally?
You are one dumb Chinese.

Enjoy talking to yourself now.:D
:rolleyes:
kid, real politcs have no ally..
it's all about national interest.
Pakistan is a country based on religion.
with Muslim end goal to dominated the world.
the same thing about China, also want to dominated the world.
the western country also the same they want to keep dominated the world.
soon or later both country will have conflict interest.

:coffee:
 
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