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Türkiye’s BRICS bid discussed at Shanghai University

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On 24 September, the Institute of Global Studies of Shanghai University organised a workshop on ‘Türkiye’s Re-Asia Initiative’.

Moderated by Prof. Guo Changgang, Director of the Centre for Turkish Studies at Shanghai University, the workshop discussed China and Türkiye’s foreign policies, the rising global South, the BRICS agenda and Türkiye’s membership bid.

Opening the event, Prof. Guo Changgang said: “As Ankara is applying to join BRICS, it is a good time to talk about Türkiye’s Asia policy,” highlighting the Re-Asia Initiative.

“Türkiye’s efforts to join the Shanghai Cooperation Organisation (SCO) and participate in ASEAN show that Türkiye has adopted a ‘pendulum’ position between the West and the East,” said Prof. Dr. Gürol Baba of Ankara Social Sciences University. Gürol Baba said Türkiye’s move to join BRICS will make it a more ‘visible’ actor in the region: “Türkiye is an active middle power. It should cooperate with like-minded powers. For example, Türkiye is a founding member of the MIKTA group. BRICS is also a place where Türkiye can find like-minded countries. Baba said Türkiye wanted to keep East and West together in its foreign policy.

Prof Zou Zhigiang of Fudan University said: ‘Türkiye is changing its Asia policy. This is because an Asia that is economically and technologically confident, competitive and rising in every sense cannot be ignored. Türkiye is currently seeking to increase its engagement in the region. President Erdoğan attended the Shanghai Cooperation Organisation summit in 2022 for the first time as a NATO country. It has also been confirmed that Türkiye has applied to join BRICS,” he said. Prof Zou summed up why Türkiye attaches such importance to Asia in 4 points:

  1. Accumulated frustration with the West and the European Union. It is now clear that Türkiye’s EU membership will not happen in the near future.

  2. Türkiye is seeking strategic autonomy. It wants to be a central power in the world and pursue a balanced policy. It wants to be a centre between East and West and not give up its NATO membership.

  3. The growing global influence and attractiveness of the SCO and BRICS.

  4. Türkiye’s domestic economy faces challenges. New economic markets and capital inflows are vital for Türkiye.

Prof Zhou Shixin of the Shanghai Institute of International Studies commented on China’s Asia policy:

“China is seen by the US as the biggest threat, so it is blocked and ostracised by the US and some of its allies. China-US relations are one of the most important factors driving the regional power shift and order transition in the Asia-Pacific. China is expanding its presence and increasing its influence in the Asia-Pacific. China is acting as a modern and sovereign country, making great efforts to defend its territorial integrity and sovereign independence and to achieve national reunification. China also seeks peaceful and equal coexistence and interaction with the US, but does not seek to coerce the US. China seeks to strengthen security and economic relations with more regional countries on the basis of the principles of ‘friendship, sincerity, mutual benefit and inclusiveness’. China seeks to manage and resolve territorial disputes with its neighbours primarily through bilateral diplomatic consultations and negotiations”.

Commenting on Türkiye’s Asia Re-entry Initiative, Prof. Zhou said that Ankara has demonstrated its willingness to pursue a multi-dimensional foreign policy based on the Strategic Depth Doctrine and made the following suggestions: “Türkiye can focus more on Southeast Asia rather than South Asia and Northeast Asia, Türkiye can interact with Asia-Pacific countries as a sovereign country, not as a NATO member, even with Japan and South Korea. Türkiye could promote more economic cooperation rather than security cooperation, Türkiye could apply to join the ASEAN Regional Forum as an Asian country, and Türkiye could negotiate more free trade agreements with Asia-Pacific countries beyond South Korea (1 May 2013), Malaysia (1 August 2015) and Singapore (1 October 2017) before joining the EU. As a result, China is willing to help Türkiye further coordinate with some regional countries.”

Prof Zhou Yiqi of the Shanghai Institute of International Studies spoke about China’s Middle East policy:

“There are four major parties in the Middle East: Arab countries, Israel, Iran and Türkiye. China has strengthened its relations with most of the major powers there. However, Türkiye remains the only party that has not yet signed a partnership agreement with China. Diplomatic relations between the two: Strategic Cooperation Relations. Although relations between China and Israel are rather poor, there is still a relationship of innovative partnership. In addition, China has successfully negotiated the conflict between Iran and Saudi Arabia. China’s partnership between these two countries has become a bridge that brings them together.

The traditional stereotype is that China is only interested in economic issues and is a free rider on security in the region. However, after its mediation between Iran and Saudi Arabia and its efforts to bring peace to Gaza, China has become an active player in Middle East security issues. However, this still differs from US efforts to use the alliance as a bargaining chip. China has always been quite fair in the Middle East, which has earned it trust. But it is also on the side of justice, for example on the Palestinian issue.”

Commenting on Türkiye’s Re-Asia Initiative, Prof. Zhou Yiqi said: “I think it is important for Türkiye to improve its relations with China, because China-Türkiye relations are even weaker than China-Israel relations. China is looking for stability in the face of apparent uncertainty. But I don’t understand why the foreign minister went back to Türkiye and suddenly raised taxes on electric cars imported from China. Such issues have become a hot topic on Chinese social media and this is definitely not positive for people-to-people understanding,” he said.

Dr Selçuk Aydın of Boğaziçi University commented on Türkiye’s relations with Asia:

“The origins of modern Türkiye go back to the early 19th century. The biggest event of that period was the abolition of the Janissaries. In other words, while the Ottoman Empire was undergoing a transformation, this process was expressed with a ‘new’ term. If we look back to the 1920s, there were again discussions about ‘New Türkiye’. When Erdoğan came to power, all the news was about ‘New Türkiye’. In fact, Asia is nothing new for Türkiye; it already has historical, cultural and religious links. I think Dr Serdar has been working on Uighur and Xinjiang issues. Historically, this region has been very connected and interacted with Türkiye.

Secondly, Türkiye’s participation in the Belt and Road Initiative is a great initiative. There is a mystery in Türkiye about China and in China about Türkiye. How is Türkiye perceived? For China, the concept of Türkiye is probably limited to NATO. Then there is the Xinjiang issue. There are two important issues that hinder Türkiye’s cooperation with China.

The first step we need to discuss is Türkiye’s dissatisfaction with what the US is forcing it to do in the Middle East. Especially the Syria incident. That was a turning point in diplomacy. Another example is the FETO case. Gulen had a close relationship with the US and there was a coup attempt. After this incident, Türkiye’s diplomatic direction changed. After the Arab Spring, Türkiye realised that the US did not support liberal movements in the Middle East, but only focused on its own interests. Subsequently, Türkiye became more involved in Middle Eastern affairs, for example by mobilising its military abroad in Syria, Azerbaijan and elsewhere.

We need to analyse Türkiye’s foreign policy from these perspectives. First, history, which is also intertwined with religion. The Ottoman Empire was the centre of the Caliphate. The second is the racial dimension, which also bears traces of the late Ottoman Empire. Turkish consulates are therefore the main pillar of Turkish foreign policy. The third pillar of Turkish policy is the promotion of a non-Western approach. This is related to the foundations of modern Türkiye and is very anti-colonialist. At the same time, Türkiye is geographically close to Western countries and has historically cooperated with them.

Türkiye’s neighbours are often in civil war or conflict. So Türkiye has to look to Asia, because China has incredible lessons to teach in that region. China may be the only superpower that wants peace in the Middle East.”

Commenting on Türkiye-China relations, Dr Serdar Yurtçiçek said:

“Professor Yiqi mentioned that there are four important powers in the Middle East (Türkiye, Arabia, Iran and Israel) and although China has very good relations with three of them, it has not been able to improve its relations with Türkiye. The reason for this is the Uighur issue, as Selçuk mentioned earlier. Since 2016, I have been living in China and researching Türkiye’s China policy. During this time, I have met many Chinese academics and politicians. The conclusion I have drawn from my experience and research is that the most important issue between Türkiye and China is the Uyghur issue, and unless this issue is resolved, all other areas of cooperation cannot be built in a relationship of mutual trust. Last year, former ambassador Emin Önen said: ‘There is mutual understanding on 99 points in Türkiye-China relations, but let’s not agree on one point. This should not hinder the development of bilateral relations’. Prof. Yang Chen said that China wants to improve its relations with Türkiye, but this point is as important as the other 99 points and the two countries should keep their mutual promises. That point is the Uighur issue. And it is clear that Turkish academics and politicians do not understand how important the Xinjiang issue is for China and that it is a non-negotiable issue in terms of national sovereignty.

After the Second World War, Turkish-Chinese relations developed largely within the foreign policy boundaries drawn by the United States. In particular, the fight against China in the Korean Civil War and Türkiye’s eventual accession to NATO led to Uighur figures such as Isa Yusuf Alptekin and Mehmet Emin Buğra defecting to Türkiye, making Türkiye a centre for anti-China Uighur separatist organisations. Even diplomatic relations between Türkiye and China only started after the US established diplomatic relations with China.

The situation was no different before the Second World War. Türkiye prioritised its friendship with the Soviets in its foreign policy and was wary of taking any steps that might anger the Soviets. For example, in 1944, Türkiye and the Republic of China almost signed a treaty of friendship, but Türkiye cancelled the treaty at the last minute so as not to anger the Soviets. This was because Türkiye had serious problems with the Soviets, especially the issue of the Straits Convention. The situation was similar in China. Xinjiang was largely under Soviet control. According to a Turkish diplomat, if a Chinese official wanted to go to Xinjiang, he first had to get permission from the Soviet consul in Kashgar.

Today, for the first time, there is a possibility of strategic relations between China and Türkiye without the shadow of a third country. Türkiye’s application for BRICS membership should be seen in this context.”

Asia

South Korea emerges as major beneficiary of shifts in global arms market

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Uncertainty in the global arms market, driven by the United States reassessing its relationships with allies and a broad rearmament drive across many countries, is creating major commercial opportunities for South Korea. According to an analysis published by Politico, Seoul has become the world’s fastest-growing supplier of military equipment.

The report said that large-scale conflicts around the world have created urgent demand for weapons as countries seek both to support allies and strengthen their own defenses against potential future confrontations. At the same time, changes in the US role within the global arms market have opened new opportunities for South Korean manufacturers. Statements and policy decisions by US President Donald Trump regarding NATO have led allies to question Washington’s reliability in times of crisis, increasing uncertainty across the global market. In addition, the diversion of a large share of US weapons supplies to the Middle East because of ongoing conflicts has placed further strain on already overstretched supply chains.

European countries increase purchases from South Korea

Faced with what Politico described as the Trump administration’s more distant approach toward allies, European countries in particular have accelerated arms purchases from South Korea. The publication noted that Seoul’s growing influence as a supplier has been driven largely by major defense contracts signed with Poland.

Following the outbreak of the conflict in Ukraine, several Eastern European capitals, including Warsaw, transferred portions of their military inventories to Kyiv, relying on German support to replenish their arsenals. However, Berlin’s slow pace in replacing allied stockpiles generated frustration across the region.

South Korea emerged as an alternative supplier during this period and became a reliable source of military equipment for Eastern European countries. Poland became Seoul’s largest customer through a $13.7 billion agreement covering the purchase of tanks, rocket launchers, self-propelled howitzers and other military equipment.

“We were originally preparing against North Korea, but now we are ready to provide these solutions to customers around the world,” said Choo Hyung-kim, head of the Security Management Institute, a defense analysis organization affiliated with South Korea’s National Assembly.

Lack of political baggage gives Seoul an advantage

Politico reported that one of the greatest advantages enjoyed by South Korean defense companies is the absence of the “political baggage” associated with major arms exporters such as the United States, China, Russia and Israel.

According to the figures cited, the combined projected revenue of South Korea’s largest defense companies, including Hanwha Group, Hyundai Rotem, LIG Nex1 and Korea Aerospace Industries, is expected to reach approximately $37 billion in 2026. That would represent a fourfold increase from their combined revenues in 2021.

Meanwhile, an official from the office of former South Korean President Yoon Suk-yeol told the Yonhap news agency in 2024 that the scale of any weapons shipments to Ukraine would depend on Russia’s approach to its relationship with North Korea. Seoul later clarified that it had no plans to provide ammunition directly to Ukraine.

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DeepSeek raises $7.4 billion in funding round, surpasses $50 billion valuation

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Chinese artificial intelligence startup DeepSeek has raised more than 50 billion yuan ($7.4 billion) in its first funding round. According to Reuters, citing The Information, the company’s valuation has surpassed $50 billion.

The Wall Street Journal (WSJ) reported that the capital will be used to support the costly development of advanced artificial intelligence technologies.

According to the newspaper, citing sources familiar with the matter, investors valued the company at more than $50 billion. The valuation makes DeepSeek the most valuable AI startup in China.

DeepSeek founder Liang Wenfeng reportedly owned about 90% of the company before the funding round. Liang is said to have contributed roughly $3 billion during the fundraising process, making him the largest participant in the round.

According to Reuters, the transaction was structured in an unusual way that allows Liang to retain control of the company.

Rather than investing directly in DeepSeek, investors were required to invest through a limited partnership managed by a senior executive of the startup. Under the arrangement, investors were not granted voting rights. The report also said restrictions were placed on the use of invested funds for a period of five years.

The sole exception was the China National Artificial Intelligence Industry Investment Fund. The fund reportedly invested approximately $150 million directly in DeepSeek, allowing it to retain both voting rights and full discretion over its stake.

Other major investors in the funding round included Tencent, which invested approximately $1.5 billion, and Contemporary Amperex Technology, which invested about $740 million.

Bloomberg previously described the transaction as one of the largest fundraising rounds undertaken by a Chinese startup. According to the agency, the investment marks a new stage in the efforts of leading Chinese AI companies to compete with their US rivals.

DeepSeek told prospective investors that it would prioritize foundational and transformative AI research over short-term commercialization.

Based in the Chinese city of Hangzhou, DeepSeek emerged as one of Beijing’s most prominent AI companies after unveiling a more powerful and lower-cost model more than a year ago. The WSJ reported that interest surrounding the company has accelerated AI adoption in China and increased investor appetite for domestic startups.

Liang Wenfeng has previously said he intends to continue developing open-source AI models and ultimately aims to achieve artificial general intelligence (AGI). According to Bloomberg, the strategy continues an approach that has contributed to the spread of open models and influenced companies across China’s AI market, including Alibaba’s Qwen platform.

Bloomberg added that while global rivals such as OpenAI and Anthropic are exploring public offerings and revenue-generation strategies, DeepSeek has maintained its “research first” approach.

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China issues white paper on global governance reform, urging support for UN-centered international system

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China’s State Council Information Office on Wednesday released a white paper titled “A More Just and Equitable Global Governance: China’s Principles, Proposals and Actions.”

The white paper was issued to introduce China’s principles, proposals, and actions regarding global governance, to foster a broader consensus within the international community, to enable more effective responses to global challenges, and to build a more just and equitable global governance system.

The document states that global governance is a common endeavor concerning the well-being of all humanity, and that building a just and equitable global governance system is a shared vision long pursued by people around the world. It also emphasizes that China has always been an active participant, contributor, and builder of global governance.

According to the white paper, in the new era, Chinese President Xi Jinping has put forward the vision of building a community with a shared future for mankind. Advancing a global governance system shaped on the basis of extensive consultation, joint contribution, and shared benefits, Xi has called for true multilateralism to promote an equal and orderly multipolar world and an economic globalization that is inclusive and beneficial for all.

In 2025, Xi proposed the Global Governance Initiative (GGI). This initiative was designed to offer China’s solutions to two urgent questions of the era: What kind of global governance system should be established, and how should global governance be reformed and improved?

The white paper notes that shortly after its introduction, the GGI received support from approximately 160 countries and international organizations, with more than 60 countries joining the Group of Friends of the Global Governance Initiative. It states that the international community is of the view that the GGI sends a clear message: to defend multilateralism, join forces, and strive for a just future.

According to the white paper, the GGI aligns with the growing trend toward greater democracy in international relations and strengthens international confidence in the practice of multilateralism. The initiative provides a clear and actionable roadmap for the improvement of global governance, injecting valuable stability and positive energy into a turbulent world.

The white paper emphasizes that China proposed the GGI to accelerate the construction of a more just and equitable global governance system. The document states that firmly defending the authority and status of the United Nations is of fundamental importance for the effective implementation of this initiative.

According to the white paper, success will also depend on major countries acting with a sense of responsibility and all nations working together in unity to bridge deficits in peace and development. It states that rather than attempting to reinvent the wheel, all countries must firmly defend the international system with the UN at its core, maintain the international order based on international law, and uphold the fundamental norms of international relations based on the purposes and principles of the UN Charter.

In addition to the preface and conclusion, the white paper consists of five chapters: “Today’s World Faces Severe and Complex Challenges,” “The Global Governance Initiative Responds to the Challenges of Our Era,” “China’s Contribution to the Development of Global Governance,” “Directing the Course of Change Toward a Bright Future,” and “Advancing Hand in Hand at a Critical Juncture in History.”

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