Crouching Dragon, Hungry Tigers: China and Central Asia

In: Contemporary economic policy: a journal of Western Economic Association International, Volume 21, Issue 2, p. 270-280

Abstract

As their transition to market economies continue, China and the post‐Soviet republics of Central Asia have rediscovered their complementary economic and political interests in increasing trade and investments, especially between Xinjiang Province and independent Uzbekistan, the Kyrgyz Republic, and Kazakhstan. However, a number of obstacles remain, including payments arrangements, customs procedures, and transportation facilities. Prospects for trade in oil and gas, consumer goods, and agricultural materials are bright in the long run, however.