Latest Articles about Economics

Kazakhstan’s Socio-Economic Modernization Strategy: Challenges and Opportunities for the Next Decade

On January 27, 2012, Kazakh President Nursultan Nazarbayev addressed the people of Kazakhstan with a statement titled “Socio-economic Modernization: the Main Vector of Kazakhstan’s Development.” In what now resembles an American state-of-the-union address, Nazarbayev outlined ten main priorities that will shape the country’s development in... MORE

A Model Company: CETC Celebrates 10 Years of Civil-Military Integration

This year marks the tenth anniversary of China Electronics Technology Group Corporation (zhongguo dianzi keji jituan gongsi)—known better by its acronym CETC—one of China’s ten official defense industry conglomerate-bureaucracies [1]. CETC’s operations are central to China’s push toward dual-use electronics and civil-military integration for information... MORE

Civilian UAV Production as a Window to the PLA’s Unmanned Fleet

Representing a wider trend, one of China’s largest aerospace manufacturers, AVIC, recently announced, after a record 18.8 percent growth in 2011, it is increasing investment in an unmanned helicopter that will function in a range of both mundane civil applications as well as more critical... MORE

Kazakhstan-China Transportation Opportunities and Challenges

At the end of November 2011, PRC Vice Premier Zhang Dejiang and Kazakhstani Minister Aset Isekeshev attended the inauguration of the construction of the first transnational free-trade cooperation center in Central Asia, located along the cross-border river near the Xinjiang village of Horgos. This China-Kazakhstan... MORE

Germany, Kazakhstan Sign Strategic Agreement on Rare-Earth Metals

On February 7 in Berlin, the German and Kazakhstani governments signed an agreement on “partnership in the raw materials, industrial and technological spheres.” Chancellor Angela Merkel and Kazakhstan’s visiting president, Nursultan Nazarbayev, witnessed the signing. The agreement focuses on rare-earth metals. These represent a world-class... MORE

Tajikistan to Lease 6,000 Hectares of Land to China

A controversial plan approved by Tajikistan’s Ministry of Agriculture to lease 6,000 hectares of land to China for development has been met with suspicion by some members of the country’s political opposition. Chinese officials have pledged $2 million of direct investment, including new technology and... MORE

Western Investors Ponder Kazakhstani Market After Zhanaozen

One reason why Kazakhstan, despite its small population and remote location from the world’s major economic and political centers of influence, has been able to exercise considerable influence in global affairs is that it attracts enormous foreign investment. Along with its oil wealth, foreign investors... MORE