The Sino-Kazakh strategic partnership and the bilateral economic cooperation

Abstract

Today, in the century of intense globalization at the forefront of the dynamically developing world, the economic system transformation of the international order takes particular importance. China and Kazakhstan in 21st century are one of the rapidly growing economies in the world and have a huge potential and opportunities of economic growth. The paper examines the bilateral relationships between China and Kazakhstan in the context of a strategic partnership accompanied by diplomatic exchanges. It should be noted that bilateral relationships have passed the path from China’s XUAR border trade until strategic partnership consisting of the Belt and Road Initiative. Nowadays both countries China and Kazakhstan take a significant advantage. The strategic importance of Kazakhstan situated in Central Asia for China is increasingly manifested in the economic sphere, the preservation of regional security is crucial for both states, primarily for the economic development. In turn, for Kazakhstan a critical obvious advantage of cooperation with China was the transport and logistics connectivity to the current international trade artery between the West and China.