Wednesday, October 28, 2015

China Readies To Invest In A Post-Civil War Syria

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).

3 comments:

  1. WNU I agree and hopefully they are willing
    To wait a long time.... a very long time.

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  2. The Chinese plan for the longer term. This announcement is probably designed to tease the Obama administration.

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  3. I 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.

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