Economic cooperation of Kazakhstan and China in the early years of the Belt and Path Initiative implementation: an evaluation of the preliminary results
https://doi.org/10.24975/2313-8920-2019-6-2-129-148
Abstract
The implementation of the PRC’s large-scale Belt and Road Initiative, which covers
several dozen countries, has been going on for several years and allows us to make some preliminary assessments of its impact on bilateral economic cooperation between Kazakhstan and
China. The article analyzes the dynamics of key indicators reflecting the main directions of this
cooperation (trade, mutual investments, external debt of Kazakhstan to the PRC) in the period
from 2013, when the Silk Road Economic Belt project was announced, until 2018.
An analysis of mutual trade between Kazakhstan and the PRC, as well as the main areas of investment cooperation, did not reveal a significant change in the volumes of the relevant parameters during the implementation of the initiative. Moreover, in almost all the considered areas, a
decrease in the intensity of cooperation is observed, which is especially noticeable when analyzing the dynamics of relative figures. The article examines the causes of these trends, examines
their international context, and also analyzes the differences in the Kazakh and Chinese data of
bilateral cooperation.
About the Author
Vyacheslav Yu. Dodonov
Kazakhstan Institute for Strategic Studies under the President of the Republic of Kazakhstan
Kazakhstan
Kazakhstan
Vyacheslav Yu. Dodonov, Doctor of Economics
bld. 162, Tulebaev str., Almaty, 050000, the Republic of Kazakhstan;
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Review
For citations:
Dodonov V.Yu. Economic cooperation of Kazakhstan and China in the early years of the Belt and Path Initiative implementation: an evaluation of the preliminary results. Post-Soviet Issues. 2019;6(2):129-148. (In Russ.) https://doi.org/10.24975/2313-8920-2019-6-2-129-148
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