China's share of external debt in Central Asian countries varies significantly, reaching as high as 30.5% in Kyrgyzstan.

Kazakh Media: The Financial Role of China in the Economies of Central Asian Countries: Chinese Capital Accounts for the Highest Share in Kyrgyzstan

According to Kazak International News Agency, Finance reports that Kazakhstan's reliance on Chinese capital is relatively low compared to other Central Asian countries. This is confirmed by consolidated data from the International Monetary Fund and the World Bank.

Experts indicate that in multiple countries within the region, Chinese loans are primarily used for infrastructure development—especially in energy, road, and transportation projects. At the same time, China is seen as a systemic investor, not only investing in construction but also in commissioning and maintenance of facilities.

The share of Chinese capital in the external debt structures of Central Asian countries varies significantly. Specifically:

Kyrgyzstan – 30.5%

Tajikistan – 16.1%

Turkmenistan – 13.4%

Uzbekistan – 7.5%

Kazakhstan – 3.6%

Meanwhile, Kazakhstan demonstrates a more diversified borrowing structure. The article’s author notes that Kazakhstan does not heavily depend on Chinese capital.

The relatively low share of Chinese debt in Kazakhstan provides greater flexibility in managing external liabilities and reduces the risk of overdependence on foreign sources.

The report also highlights that Chinese investments in Kazakhstan are spread across various projects and are not concentrated in the country’s strategic economic sectors.

Original source: toutiao.com/article/1861242999648260/

Disclaimer: The views expressed in this article are solely those of the author.