Chinas Trade and Economic Cooperation with the Central Asian Countries

Abstract

In this article, the specific features of modern trade and economic relations between China and Central Asian Countries are addressed. Central Asia is of interest to China because of its geopolitical position, significant reserves of various natural resources and a promising market for Chinese goods. China is one of the key partners of this region in a wide range of areas. Cooperation between China and Central Asian Countries has a positive development dynamics. The main areas of cooperation are the production, processing and transportation of oil and gas to China. Prospects for the development of trade and economic cooperation between China and Central Asian countries are related to the implementation of the projects under China’s initiative «One Belt, One Road».