Direct investment comes from the East

Previously, I mentioned that direct investment from the West wouldn't come because it's over. Apparently, hot money isn't coming from the West either. Recent reports indicate only a small portion of such inflows.

The West is left with cheap tricks like lifting sanctions, raising ratings, or moving countries on and off grey lists. I say cheap because these criteria don't hold significant weight in the broader context of direct investment.

However, I'm still genuinely curious: when will the US lift its trade restrictions on Türkiye's steel industry?

The West's approach of valuing Türkiye solely for its military importance and as a refugee haven has long lost its appeal.

The East's understanding of Türkiye is of much higher caliber. They have grasped and appreciated Türkiye's uniqueness...

The difference between the East and the West is like the difference between dialectical fetishism and the tranquility of wisdom.

Yes, the goal of dialectics is wisdom. But the West, as if forgetting this, enjoys wandering through the endless corridors of dialectics. Even the truths it struggles to reach are often hidden to continue enjoying the process of dialectics. Everyone who follows the West also wanders aimlessly through these corridors, losing their purpose. Every station where they think, "Here is the truth!" floods like Kubrick's Shining labyrinths, dragging them away again.

The East, with its devotion to wisdom, aims for both itself and those who follow it to reach the truths of each other's existence.

In the first, you lose your existence; in the second, you begin to understand yourself.

This is why Westerners often find themselves drawn to Eastern Sufism. It's no surprise that Western societies are captivated by the yoga, discipline, and sports of Indian, Chinese, or Japanese cultures.

What I'm saying is; the West understands change, while the East understands the constant... The West can grasp changing truths, the East might miss them, that's separate... But it's exceptional...

This is why the West can never truly understand Türkiye but understands certain changes in Türkiye very well. Yet, this ability benefits neither itself nor Türkiye.

The East knows Türkiye's constants and doesn't dwell on the ever-changing aspects. This isn't perfect either, but it has its benefits. If the East also understood the changes, it would immediately gain superiority.

For example, the West expresses itself through finance in the global economy. Finance already chases changes and changers. So finance is Western. The essence of the West being the market is also because of this. The market is an environment driven by changes and changers.

Although with the Industrial Revolution, the West became the center of production for a period, this has historically been an exceptional situation.

The East has always been the true center of production. Production occurs with constants. The market changes locations; production doesn't.

The East is already the source of material. Raw materials don't change and are Eastern.

I can explain the economic justifications for describing the East with wisdom and the West with dialectics like this. Or how economics has shaped the East and the West differently...

We've said the criteria of finance are insignificant in the context of direct investments; here's news that fell like a bomb on the global agenda: Chinese BYD decided to establish a factory in Türkiye in such an environment where portfolio investments impose constraints.

As of 2023, BYD is the world's number one electric car manufacturer. First dethroning Volkswagen in China and then Tesla worldwide. Now it's in the news for planning to build a factory in the same location where Volkswagen had planned but backed out in Türkiye.

It was known that BYD had been planning an investment to dominate the European market for a long time. And Hungary was seen as the address for this investment. In fact, it was reported last November that their decision to build a factory in Hungary had been finalized. I also discussed this in my previous articles, analyzing Hungary's position very carefully as a cost of the axis wobbling experienced from the general election to Mr. Fidan's visit to China.

If the news that BYD has now turned to Türkiye is true, I would interpret it as the most positive development since the negative break of losing the Hyundai factory investment to the Czech Republic in 2005.

Hyundai's factory has produced millions of vehicles and received expansion investments since then. The BYD factory could be much more productive.

Moreover, it could motivate Japan, another Eastern economy that understands Türkiye correctly, for new investments.

Türkiye could become a field of economic competition between the Japanese and the Chinese. This situation is a natural outcome of the economic competition between the two countries. It is developing in Türkiye's absence. If the news is true, Chinese companies are now facing Japanese automotive giants with investments in Türkiye for the first time. This competition could intensify in areas such as nuclear power plant investments.

Likewise, investments related to the Middle Corridor could also be a field of this competition.

What's happening is that the win-win equation now comes from the East. The West, with its finance, offers nothing but a win-lose scenario. Türkiye has set or will set its axis accordingly.