Murat Kolbaşı proposed to meet at the Canton Fair over Turkish coffee in his social media post on April 15.
Murat Kolbaşı proposed to meet at the Canton Fair over Turkish coffee in his social media post on April 15. This post reminded us that the Canton Fair, which is considered the "barometer" in China's foreign trade, was held. Turkish businessman Murat Kolbaşı, president of Arzum company, which has been intertwined with the Chinese economy for 30 years, served as the Chairman of the Turkey-China Council of the Turkish Foreign Economic Relations Board, thanks to his deep experience in the Chinese market, and currently serves as the Chairman of the Turkey-Asia Pacific Council.
The growth experiences of Kolbaşı and his company are closely related to the development of the Chinese economy. After achieving success in business, Kolbaşı's other big dream was to promote Turkish coffee worldwide. To this end, his company has developed a coffee machine that can make Turkish coffee, and as vice president of the Turkish Coffee Culture and Research Association, Kolbaşı participates in various events promoting Turkish coffee every year.
Although negative news about the Chinese economy appears in the Western press from time to time, Kolbaşı continues to look positively at the future of the Chinese economy. Kolbaşı has attended the Canton Fair every year in April and October since 1992, except for special cases, and has been regularly participating in the China International Import Fair (CIIE) since 2018. Kolbaşı believes that his dream of promoting Turkish coffee worldwide will soon come true with the support of the Chinese economy.
The continuous development of the Chinese economy is reflected by Kolbaşı's story. It supports confidence in the Chinese economy, which integrates with the world economy through events such as Canton Fair, CIIE and Consumer Fair. According to the data announced by the National Bureau of Statistics of China on April 16, China's gross domestic product reached approximately 4.1 trillion dollars in the first quarter of this year, increasing by 5.3 percent compared to the same period last year and growing by 1.6 percent compared to the last quarter of last year. According to Bloomberg, after China's first quarter economic performance, Singapore's DBS Bank increased its economic growth forecast for China this year from 4.5 percent to 5 percent. The recovering Chinese economy will contribute to Turkish coffee being on the tables of Chinese people.