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Rethinking Chinese involvement in infrastructure building in Russia and Kazakhstan under the Belt and Road Initiative

Author

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  • Egor Vadimovich Pak

    (Moscow State Institute of International Relations (MGIMO University))

Abstract

The Belt and Road Initiative (BRI) announced by China in 2013 can significantly contribute to the fulfillment of Russia’s and Kazakhstan’s transit potential. Chinese investments in their transport and logistics infrastructure are mainly channeled into the construction of pipelines, railways, roads and hubs. However, the bilateral transport and logistics cooperation between Moscow and Nur-Sultan - members of the Eurasian Economic Union (EAEU) - with Beijing prevails and might hamper the emergence of the EAEU-China inclusive dialogue. On the other hand, such flexibility has allowed Kazakhstan to outperform Russia in the infrastructure construction supported by the Chinese investors. However, fulfillment of Russia’s and Kazakhstan’s transit potential taking into account the EAEU and BRI prospects is subject to the implementation of common norms, approaches and regulations in the transit transport area as well as creation of regional hubs.

Suggested Citation

  • Egor Vadimovich Pak, 2021. "Rethinking Chinese involvement in infrastructure building in Russia and Kazakhstan under the Belt and Road Initiative," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 1, pages 93-105, January.
    • Handle: RePEc:alq:rufejo:rfej_2021_01_93-105
    DOI: 10.24411/2072-8042-2021-1-93-105
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    Cited by:

    1. Alexander Victorovich Petrov & Maria Sergeevna Baynova & Jialihasi Jiaerheng, 2022. "Features of Russian and Chinese Direct Investments in Kazakhstan," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 1, pages 148-167.

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