Via Asia Times, a report on China’s growing commercial engagement with Central Asia: Central Asia is becoming one of Eurasia’s main trade and transit hubs, with Kazakhstan in the forefront. Sino-Central Asian trade turnover stood atUS$89.4 billion at the end of 2023, a 27% increase over the 2022 level of US$70.2 billion, according to China’s Customs Agency. Of that total, US$61.4 billion represented Chinese exports to the region. Trade between China and Kazakhstan alone clocked […]
Read more »Via The Diplomat, commentary on whether – as Astana moves from crisis management to long-term planning mode – Kazakhstan’s government can stick to its economic reform plans: This week, Kazakhstan’s President Kassym-Jomart Tokayev shuffled his government. Besides new Prime Minister Olzhas Bektenov, notable new appointments included Finance Minister Madi Takiyev, and National Economy Minister Nurlan Baybazarov. The […]
Read more »Via MIT Technology Review, an article on how bitcoin miners initially flocked to Kazakhstan to take advantage of cheap energy and loose regulation. Now most of them have moved on, leaving little behind but moldering equipment and social tension. To reach Kazakhstan’s largest bitcoin mine, you need to travel deep into the country’s rust belt, […]
Read more »Via Geopolitical Futures, a look at Kazakhstan’s growing importance as a key hub for east-west commerce: In light of the geopolitical shifts caused by Russia’s pivot to the east, alongside China’s push to forge overland trade paths to Europe and the quest for alternatives to Russian routes, Kazakhstan’s role as a transit hub is growing […]
Read more »Via Foreign Policy Research Institute, commentary on how the Central Asia’s Middle Corridor expansion presents an opportunity for China and Iran: The sustained attacks on merchant shipping in the Red Sea have given a fresh boost to a budding Central Asian trade network known as the Middle Corridor, whose participant countries recently met to discuss […]
Read more »Via The Diplomat, a report on Afghanistan’s market and its position as a trade route that can connect Central Asia to South Asian ports are critically important to Kazakhstan: As the global community experiences a turbulent and unpredictable period, Kazakhstan, alongside other countries, faces a range of challenges and risks. A timely reorientation and adjustment […]
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