Page 39 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.75, # 2, 2018, pp. 25-46

"The economic growth is already weak," warned Deputy Economy Minister Zhou
Guang Yao at the G20 summit on Sept. 14, 2013 in St. Petersburg, citing a military
strike on Syria. On Syria, may lead to further economic damage, "and a similar
punitive measure would have negative consequences," said the Chinese Deputy
Minister of Economy, one of the consequences of high oil prices.

On July 12, 2017, Zin Yong, Vice President of the China-Arab Trade Exchange, told
the Sputnik website that China plans to establish an industrial zone in Syria and that
his country plans to invest $ 2 billion in the project to establish the industrial zone in
Syria (150) Chinese companies. The Chinese official confirmed his country's intention
to encourage economic activity in Syria. China is Syria's most important trading
partner, accounting for more than 50% of the total volume of Syrian international
trade, despite the drop in total trade between Beijing and Damascus since 2011 [Talili,
Hassan (2014)].

That a number of economists believe that China's military participation in Syria carries
an economic dimension to block the West in obtaining a share of the life of Syria, and
that the major contribution will be to China, as evidenced by the request of a number of
Syrian officials who visited China in previous years, where They asked China for more
economic support for the Syrian economy, the latest of which was China's announcement
of investing more than $ 6 billion in Syria directly [Omar, Hussein (2014)].

Third requirement: The Chinese position on the Syrian crisis.

China's position on the current Syrian crisis during the Revolution is different from that
of the United States and the Arab countries. It is a new situation. As long as China's
political orientations with its American counterparts have contradicted a pragmatic
Chinese foreign policy governed by ideological crossroads of interests, China's position
on the Syrian crisis is that it has crossed the boundaries of the usual differences with the
US policies in the Middle East and reached the level of confrontation and political
confrontation in a precedent that is the first of its kind in this region. The intervention of
China contributes to the reality of balance of power equations In the Middle East, along
with Russia and Iran in the face of the United States and Western countries, have brought
about a new development in this equation, especially in light of the escalation of regional
crises that have led to armed conflicts reflecting the reality of those balances. China has
used the Vietto four times to thwart decisions on The Security Council, with Western
backing, called for the resignation of Syrian President Bashar al-Assad and the third
demand that Chapter VII of the United Nations Charter be applied to the Syrian regime,

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