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Syrian economy lies in ruins and China sniffs opportunity

China’s high-visibility stake in postwar Syria was straight from its playbook elsewhere in the Middle East, as well as in Asia and Africa: windfall investments in return for local access and global cover. Analysts and diplomats, however, say that even in relative calm, Syria will offer poor returns for years to come. As the war winds down in much of the country, its heavily sanctioned economy is in even greater ruin than its towns and cities, its global standing has been shredded by a merciless decade of conflict, and hope of a political breakthrough hinges on the overthrow of the very leader who has just been re-elected for another seven years.

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