scholarly journals DEVELOPMENT OF CHINA-KAZAKHSTAN AND CHINA-UZBEKISTAN TRADE AND ECONOMIC RELATIONS (2013-2020): A COMPARATIVE ANALYSIS

Author(s):  
Mengkewuliji Mengkewuliji

This paper explores the development of trade and economic relations between China and Kazakhstan, and China and Uzbekistan since the introduction of the "One Belt – One Road" initiative in 2013 until the economic slowdown in 2020. The author also compares the different ways in which China–Kazakhstan and China–Uzbekistan trade and economic relations were developed. The research reveals a significant role of the "One Belt – One Road" initiative in the rapid growth of bilateral cooperation between China and Kazakhstan, and China and Uzbekistan in the spheres of trade, infrastructure development, finance and energy. Kazakhstan and China put the emphasis on infrastructure development and trade, including the manufactured products. Uzbekistan and China focused on trade in energy resources. China's investment in both Central Asian countries grew equally, however Kazakhstan received more Chinese loans than Uzbekistan. China provided loans to both countries only on condition of their cooperation with Chinese companies operating in Central Asia. New transit routes were built within the framework of the "One Belt – One Road" initiative. China, Kazakhstan and Uzbekistan implemented joint highways projects such as the Kabul and Trans-Caspian corridors. While China and Kazakhstan developed continental infrastructure projects such as "Western China-Western Europe", China and Uzbekistan focused more on local programs such as the construction of the Kamchik tunnel. Kazakhstan and Uzbekistan pursued different energy policies toward China. Kazakhstan was developing equal cooperation with China and Russia in energy sphere. Uzbekistan tried to pursue a policy of energy independence, and when it failed, it began to work more closely with China. Other significant differences between Kazakhstan and Uzbekistan included their positions regarding the financial structures of the Shanghai Cooperation Organization. During discussion of the SCO Development Bank project, Uzbekistan and Kazakhstan supported Chinese and Russian projects respectively.

Author(s):  
K. Darkenov ◽  
◽  
K. Kakar ◽  

Central Asia is the heart of the Eurasian continent, a region directly adjacent to China, and the Silk Road, which connects the Eurasian continent, passes through this region. Kazakhstan is a country rich in natural resources and energy in Central Asia. Apart from the mineral resources of Central Asia, its location as the center of two continents, its importance in China's foreign trade and its strategic position in the defense of the North-West Frontier, made Kazakhstan known to the world about the location of this project. Since 2014, China has focused on the "One Belt - One Road" strategy in the region. Since 2014, economic relations between the two countries have developed under the "One Belt - One Road" initiative, but the problems remain. The article is devoted to the analysis of economic relations between the two countries and give some suggestions to solve the problem


2020 ◽  
pp. 51-60
Author(s):  
Ekaterina Borisova ◽  

The development of international trade implies the use of the territory of Central Asia as a transit zone, through which the routes China–Europe, China – the middle East should be laid. The existing communication capabilities are not enough, so new directions are being developed (Railways “China–Kazakhstan – Turkmenistan–Iran”, “Turkmenistan– Afghanistan–Tajikistan”, ”China–Kyrgyzstan–Uzbekistan”; multimodal transit corridors” Lazurit”,” TRANS – Caspian international transport route”; such highways as “Western China– Western Europe”). However, paved roads, both rail and road, do not always meet expectations in terms of the volume of cargo passing through them (projects “China – Kazakhstan – Turkmenistan – Iran” and the Lapis lazuli corridor). Their loading is delayed “until better times” either due to the unstable political background, or due to the lack of necessary commodity flows in both directions. In some cases, there is a lack of political will to make appropriate decisions. Finished projects are unprofitable. None of the international transit projects announced or even completed over the past 20 years through the Central Asian republics has been fully operational. Meanwhile, international transit allows not only to fill the state budget, but also to solve issues of internal connectivity of territories. This task is most relevant today for Kyrgyzstan and Tajikistan, which have become hostages of their own geography, with localities separated by impassable mountain ranges.


Author(s):  
Rhys Jenkins

By way of conclusion, this chapter focusses on two issues. The first is how China’s relations with Sub-Saharan Africa (SSA) and Latin America and the Caribbean (LAC) are likely to be affected in the future by recent changes in the Chinese economy and its internationalization. Since 2012, the Chinese economy has been characterized by a ‘New Normal’ of slower economic growth and a rebalancing of the economy towards increased domestic consumption and less reliance on investment and exports. China also launched the One Belt, One Road (OBOR) initiative in 2013, which seeks to link China with other Asian countries and Europe through major investment projects. The second issue concerns the continuing tensions that derive from the asymmetric economic relations between China and the two regions and whether steps will be taken to resolve them.


Author(s):  
Олена Володимирівна Зарічна

The paper discusses the research findings on building innovation infrastructure in the framework of cross-border partnerships within the European vector of foreign economic relations development. The key strategic areas for creating business incubators and enhancing integration processes in terms of cross-border partnerships are identified. The alternative ways of funding innovative projects and providing support for innovation infrastructure in the context of cross-border collaboration in the form of public-private partnerships are suggested. The paper argues that public-private partnerships in cross-border cooperation involves not the whole spectrum of relations between communities within the territories of neighbouring states but only those that are associated with general use public infrastructure development and related services provision. Evidence is given that, on the one hand, cross-border infrastructure itself acts as an object of investment, and on the other one, is an essential prerequisite of investment attractiveness and economic growth. It is briefly explained that building an innovation infrastructure on the basis of cross-border partnerships will contribute to: improving the business climate and building environment for investments inflow into Ukrainian economic regions; increasing turnover, boosting small and medium entrepreneurship; creating and maintaining cross-border economic and business incubators, clusters, enhancing and further developing of infrastructure. It is specified that the integration of the developed innovation infrastructure with education, research and business brought together provides for building efficient industry innovation chains, implementing the full cycle of competitive scientific and technological product development – from a research idea to a large-scale manufacturing.


2018 ◽  
Vol 4 (2) ◽  
pp. 163-172 ◽  
Author(s):  
Asmat Naz

Pakistan and China as all weather strategic partners have a history of glorious friendly relations. Both countries always try to make strong these relations through different geo-political, strategic and economic projects/agreements. The Pak-China Economic Corridor (CPEC) is also a key to make strong economic relations of both countries. It is considered to be an extension of China’s proposed 21st century Silk Road initiative and considered a centre for their relations. It is a huge project under construction that will undertake the construction of highway and railway links running through the areas from Gwadar in Baluchistan and culminating in Kashgar in western China, while passing through the regions of Baluchistan, Sindh, Punjab, Khyber Pakhtunkhwa (KPK) and Gilgit-Baltistan (Khunjrab Pass) and run through most vital geostrategic locations. It will connect Pakistan with China and the Central Asian countries by the highway connecting Kashgar to Khunjrab and Gwadar. The CPEC is of high significance, as it making this region more economically viable, stable and sustainable. It is also one of many mega projects planned by China in Central, South and South East Asia for expanding its political and economic influence to counter the US influence in the region. China has made an attempt to fulfill multiple interests of its own by the financial investments in region on CPEC. It shall act as a trade bridge between China, Middle East and Europe through Pakistan and proved a source of economic benefits. The paper through the empirical and inductive research approach tries to identify the China-Pakistan relations and the regional development by the construction of CPEC. In this paper makes consideration of the main traits of the CPEC on both regions. It also emphasizes on the impacts on the economic situation of Pakistan at regional and global levels as well.


2019 ◽  
Vol 19 (1) ◽  
pp. 77-88
Author(s):  
Guo Cheng ◽  
Lu Chen ◽  
Denis Andreevich Degterev ◽  
Jielin Zhao

The «One Belt, One Road» (OBOR) initiative was proposed by Chinese President Xi Jinping during his visits to Kazakhstan and Indonesia, in 2013. The initiative «One Belt, One Road» could be fully treated as a comprehensive domestic and foreign policy concept. OBOR is designed to strengthen China as an attractive actor in the global market and advance its soft power. It is mostly aimed at increasing economic exchanges between China and the world. Historically the concept of the «Silk Road» was not only focused on the trade agenda. It also had rather significant cultural meaning. Obviously, the OBOR initiative could serve as a cultural bridge between China and the world and in this sense, emphases the dialogue between civilizations, not only markets and forces. With its long-term interests, China treats OBOR as a grand strategy. The initiative has been extensively discussed among academics and policy-makers both inside and outside China. The article shows also coordinating efforts of China and Russia in regional development as well as the internationalization of Central Asian region after 1991 and the role of China in this process. Contours of possible great powers rivalry as well as lack of mutual political trust between the Central Asian countries are described. This article intends to provide the analysis on the issue from the Chinese scholars’ perspective.


Author(s):  
Hasan H. Karrar

This chapter describes overland trade between Pakistan and China since 1969 until the present. Overland trade between the two countries takes place over the high-altitude Karakoram Highway, connecting Pakistan’s mountainous Gilgit-Baltistan region to the Xinjiang Uyghur Autonomous Region in western China. The Karakoram Highway is popularly described as a contemporary silk road; this idea has been reinforced by the 2013 announcement of the One Belt One Road initiative, which includes the China-Pakistan Economic Corridor. In this chapter, I explore the relationship between a documented, regulated silk route trade and its shadows; shadows take the form of traditional pathways between the two countries that are no longer used, as well as the undocumented movement of licit goods and smuggling of illicit substances.


2019 ◽  
Vol 23 (3) ◽  
pp. 283-298 ◽  
Author(s):  
Irina V. Kokushkina ◽  
Maria A. Soloshcheva

The “New Silk Road” or “One Belt–One Road” (also “Belt and Road”) is a global project initiated by China, the implementation of which affects various areas of development of many states and regions of the world, including security issues, socio-cultural, political, diplomatic and civilisational aspects. A total of 173 agreements with 125 states and 29 international organisations have been signed under this initiative. The project is gaining momentum every year and attracts ever more researchers who analyse the economic, political, and cultural sides of the project and the interaction of the different countries and regions with China within the framework of this global enterprise. This article assesses the participation of five Central Asian countries (Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, and Turkmenistan) in the Chinese project and aims to define the mutual interests of the parties on the basis of economic indicators (i.e., ESI, RCA, TDC, and G-L indexes).


2020 ◽  
pp. 42-49
Author(s):  
Gelvig Svetlana

China and Kazakhstan are long-term partners, which economic relations have reached a new level of the strategic partnership. The “One Belt, One Road” initiative brings new opportunities and challenges for the development of bilateral economic interactions and for the entire Central Asia region. The author made an original analysis of the main components of economic cooperation between the two countries, including energy cooperation, current trade infrastructure and identifying the prospects for implementation of the “One Belt, One Road” initiative. Based on the long-term relationship, strategic partnership and trade cooperation between China and Kazakhstan, construction and combining of the Chinese “One Belt One Road” initiative and Kazakhstan “Bright Road Plan” is the new era for China-Kazakhstan economic development. According to the current research, the construction of this infrastructure will have a direct impact on flows of foreign investments, production development and transport infrastructure. In addition, the construction of the “One Belt, One Road” plan has a great importance for promoting the development of Chinese-Kazakh economic relations and solving difficulties in economic exchanges.


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