Photo from Reuters
Shane Harris, Daily Beast: China Looks at Syria, Sees $$$
Most companies might be frightened by the prospect of doing a mega-deal with Damascus. Not the telecom giant Huawei.
Russia is betting its geopolitical future in the Middle East on a military intervention to prop up the regime of Bashar al-Assad. But one of the biggest companies from another rising power, China, is betting that when the long civil war in Syria is over, the country will be a good place to do business.
Huawei, one of China’s richest companies and the largest telecommunications equipment maker in the world, has signed an agreement with Syria to design a “national strategy for information and communication technology,” including the construction of a broadband network for Internet service, the company announced this month.
WNU Editor: What always amazes me about the Chinese is that it is always about the money and the importance of positioning oneself to make a buck (or two).
WNU I agree and hopefully they are willing
ReplyDeleteTo wait a long time.... a very long time.
The Chinese plan for the longer term. This announcement is probably designed to tease the Obama administration.
ReplyDeleteI believe the term for this is called carpetbagging. Wait until the dying(of course no Chinese dying) is done, then swoop in for the profits.
ReplyDelete