China backs Azerbaijan’s Middle Corridor in push for stable Eurasian supply chains

Trade turnover between the two countries reached $2.44 billion from January to October, marking a 21.9% increase over the same period in 2024 and continuing a three-year trend of record-breaking trade. China remains Azerbaijan’s largest source of imports and the country’s fourth-largest trading partner, reflecting the growing interdependence of their economies and Azerbaijan’s role as a key regional hub. Over the past decade, China’s accumulated foreign direct investment (FDI) in the South Caucasus has increased 2.5 times, rising from...