Belt and Road Initiative and Response of Central Asian Countries: An Opportunity for Economic Revival

Asia Review ◽  
2019 ◽  
Vol 9 (1) ◽  
pp. 39-69
Author(s):  
Young Jin Kim
2021 ◽  
Vol 4 (3) ◽  
pp. 57-62
Author(s):  
Yiling Ding

As the “core area” of the “Silk Road Economic Belt,” the five Central Asian countries occupy an important position in the “Belt and Road” strategy. With the increase of China’s investment, the infrastructure of the five Central Asian countries has been continuously developing, economy persists to grow, and the people’s standards of living have been constantly improved. This article focuses on how the “Belt and Road” initiative has promoted the economic growth of the five Central Asian countries.


2021 ◽  
Vol 22 (1) ◽  
pp. 022-028
Author(s):  
Julia Harlamova

The article discusses China’s geo-economic presence in the Central Asian region and analyzes the history and causes of this phenomenon in the form of a detailed discussion of the interaction between China and the Central Asian countries in the energy and transportation spheres. It notes the special role of Kazakhstan in the realization of Belt and Road Initiative and pays particular attention to certain aspects of China’s crediting and investment policy.


2021 ◽  
Vol 5 (5) ◽  
pp. 56-60
Author(s):  
Yiling Ding

As the “core area” of the “Silk Road Economic Belt,” the five Central Asian countries occupy an important position in the “Belt and Road” strategy. With the increase of China’s investment, the infrastructure of the five Central Asian countries has been continuously developing, economy persists to grow, and the people’s standards of living have been constantly improved. This article will focus on how the “Belt and Road” initiative has promoted the economic growth of the five Central Asian countries.


Author(s):  
K. Maigeldinov ◽  
◽  
E. L. Nechayeva ◽  
M.K. Dyussembekova ◽  

The article presents the factors of influence of coronavirus on the «Belt and road» initiative and economic consequences for the participating countries from Central Asia. Systematic, comparative method and scenario method were selected as research methods. The coronavirus epidemic and the impending economic crisis will affect relations between Central Asian countries. They will not have a completely new reality, but existing trends will accelerate dramatically. In this situation, the economy and technological development of the Central Asian countries will become increasingly dependent on China, which will also affect other areas of cooperation. The article points out problematic issues in the further development of economic corridors, as well as the positive and negative consequences of the pandemic, the reasons for revising the pace and scale of infrastructure projects. Perspective directions of further development of this initiative in political and economic aspects are considered. The coronavirus and its consequences are likely to force the Central Asian countries and China to move closer together much more rapidly. The research objectives are to investigate how the crisis of the coronavirus affects the economy of China and its part, related to the initiative; the impact of the COVID-19 pandemic on Central Asia, its economic, social and political situation; as well as how in recent times the policy of China in the region has changed. But despite some negative consequences, in the short term, Central Asian countries have no choice but to become even closer to China.


2019 ◽  
Vol 05 (03) ◽  
pp. 455-469
Author(s):  
Mir Sher Baz Khetran ◽  
Muhammad Humayun Khalid

The China-Pakistan Economic Corridor (CPEC) is a flagship project under the Belt and Road Initiative (BRI); and its launch in 2015 was regarded as a landmark event in the history of the Sino-Pakistani relationship. With a budget amounting to over $62 billion, it has become the foremost regional integration initiative between China and Pakistan. The project is also open to all interested regional stakeholders, among which Central Asia is one of the most important in geopolitical terms. Located in a landlocked but resource-rich region, Central Asian countries need better access to regional markets including Pakistan, China, India, and the countries of West Asia. Pakistan and China have huge energy demands that can be satisfied by growing trade with Central Asia. Thus, the CPEC will not only benefit Pakistan and China, but it also presents a strategic opportunity for Turkmenistan, Uzbekistan, Kyrgyzstan, Kazakhstan, and Tajikistan to transport their goods more easily and gain competitiveness in regional and global markets.


Author(s):  
Fabio Indeo

The main aim of this article is to evaluate the impact of the China's Belt and Road Initiative (BRI) and of Uzbekistan's proactive regional policy to promote regional interconnectivity and to develop an “endogenous” cooperation mainly focused on the strategic interests of Central Asian countries. Within the BRI, Central Asia holds a strategic relevance, because this region is crossed by two of the six main BRI corridor projects – the China-Central Asia-West Asia Economic Corridor and the Eurasian land bridge – which will contribute to improve regional cooperation and connections among these countries. For Central Asian republics, BRI represents an attractive project benefiting of Chinese huge investments aimed to boost infrastructures and to develop national economies. Under Mirziyoyev's leadership, Uzbekistan has undertaken a proactive and constructive regional diplomacy in Central Asia, based on the improvement of relations and cooperation with other Central Asian republics, which has become a key priority of Tashkent's foreign policy.


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).


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