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Accepted Paper:

“The Belt and Road initiative" in Central Asia as a factor in ensuring economic growth and political stability  
Tlesh Mamakhatov (Institute of China and Contemporary Asia of the Russian Academy of Sciences)

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Abstract:

Today, the Chinese Belt and Road Initiative (B&R) has been the largest project not only in Asia but also globally. The B&R includes both historical areas along the ancient Silk Road as well as “new” regions that connect a vast area across Eurasia and beyond. The Central Asian Republic (CAR) has played a crucial role in this initiative as a starting point for the flow of Chinese goods and technologies westwards.

Currently, Beijing is increasing its presence in the region through a variety of national structures and partnerships with local political leaders. The Chinese government is adjusting to the customs, traditions, and practices of countries with which it interacts, while also integrating them into its operations. This approach may be viewed as China's strategic advance, while also serving to successfully implement its Belt and Road Initiative (B&R) in Central Asian countries.

There are several challenges that need to be addressed to ensure effective collaboration between China and countries in Central Asia. Transportation and economic infrastructure are among the most significant issues, as are social stratification, interethnic tensions, and economically and geographically underdeveloped regions.

In exchange for financial investment, technological support, and assistance in implementing innovative projects, countries in the region offer natural and energy resources. These resources are essential given China's increasing demand for resources due to its rapid economic growth.

The inclusion of Central Asia in the Belt and Road Initiative is a significant factor in establishing bilateral supply chain networks for goods and resources, especially in the energy sector. For decades, China has been the primary foreign trading partner of Central Asian countries, with an imbalanced trade turnover inherent in an economically unbalanced partnership.

Panel POL12
China and its Politics in Central Asia
  Session 1 Friday 7 June, 2024, -