China has initiated dialogue with West Asia to align its Belt and Road Initiative (BRI) with Turkiye's Middle Corridor Initiative. This move comes as China is concerned about India's growing influence in the region through projects like the India Middle East Europe Economic Corridor (IMEC) and India-Israel-USA-UAE projects. Turkiye had opposed IMEC, which aims to rival the BRI. The two sides recently held a high-level dialogue on the issue. China is also deepening political contacts in West Asia and assisting countries like Saudi Arabia, Egypt, and Iraq.
from Economy-News-Economic Times https://ift.tt/QbROC5L
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