Behind the Soaring Gold Exports from Kyrgyzstan to China Hitting $3 Billion

Exports from Kyrgyzstan to China surged to $3 billion in 2024, with 94% of that being gold exports. The surge in gold exports could be a strategy by Kyrgyzstan to alleviate its debt pressure from China. In 2021, due to the pandemic, the Export-Import Bank of China agreed to delay repayment of $32 million in debt for the country, which still owes approximately $1.7 billion to the Export-Import Bank of China.

Source: Marginal Lab x FinGraph Financial Graphics

Original article: https://www.toutiao.com/article/1830566651040835/

Disclaimer: This article solely represents the author's viewpoint.