China's trade with Central Asia hit a record high in 2024, with Kazakhstan leading at $43.82B. Rail cargo and joint projects further strengthened regional ties.
China's trade with Central Asian countries reached a new high in 2024, according to data released by the General Administration of Customs (GTU) of the People's Republic of China.
Kazakhstan topped the list of China's trading partners in Central Asia, with a total trade volume of $43.82 billion. Kyrgyzstan ranked second, with $22.71 billion, followed by Uzbekistan, with $13.78 billion. Turkmenistan came in fourth, with $10.65 billion, and Tajikistan closed the top five, with $3.86 billion. In 2023, China's trade turnover with Central Asian countries amounted to $89.4 billion.
Kazakhstan and China transported a record amount of cargo by rail. By the end of 2024, the volume of cargo transportation between China and the Republic of Kazakhstan by rail reached a historic maximum – more than 32 million tons of cargo.
Earlier it was reported in the media that the implementation of a joint project of Kazakhstan Municipal Systems and the Chinese company Envision Energy will cost $40 million. It is expected that 60% of the products produced will be directed to the Kazakh market, and 40% will be exported to the countries of Central Asia and the Caucasus.
It is worth noting that in 2022, China's trade with the region reached $70.2 billion, an increase of about 35% since Russia's full-scale war with Ukraine began. This was the moment when the Russian Federation started to seriously lose its position in Central Asia to China.
U.S. President Donald Trump said on Saturday he would “love” to see British-run Northern Ireland unify...
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad sayin...
Russia's Defence Ministry said its forces struck two cargo vessels overnight in the Ukrainian Black Sea port o...
Overnight Iranian strikes on an air base in Jordan damaged multiple U.S. aircraft and left one without a wing, American media reported. Meanwhile, explosions were heard across parts of southern Iran according to local media reports.
Iranian President Masoud Pezeshkian arrived in New Delhi on Friday to attend the weekend BRICS summit, amid the ongoing U.S.-Iran conflict, joining a host of foreign dignitaries.
Ukrainian forces struck a Russian oil refinery in Siberia and a seaport in Dagestan in the past 24 hours, President Volodymyr Zelenskyy said. He will meet Canadian Prime Minister Mark Carney on Thursday to discuss air defences for Ukraine over winter.
Mexico and the U.S. are racing to secure a trade deal before the U.S. midterm elections in less than eight weeks, according to six sources familiar with the talks, with failed negotiations between Washington and Canada adding urgency.
A Russian strike on a gas station in Kyiv has killed two people, the city's Mayor Vitali Klitschko said in a statement on Telegram. In Russia, online marketplace Ozon has suspended operations in Saratov, southwestern Russia, following a drone strike on a warehouse in the region.
Uzbekistan plans to introduce a new Heritage Impact Assessment system to shield historic cities and cultural heritage sites from the potential impact of construction and infrastructure development. Digital tools will also be used to manage tourist numbers and limit visitors where necessary.
Prime Minister Shehbaz Sharif has reaffirmed Pakistan’s commitment to deepening its partnership with the Gates Foundation, with talks spanning polio eradication, health, financial inclusion and digital development.
Iranian President Masoud Pezeshkian arrived in New Delhi on Friday to attend the weekend BRICS summit, amid the ongoing U.S.-Iran conflict, joining a host of foreign dignitaries.
Georgia’s top security official has held face-to-face talks with his Azerbaijani counterpart in China, with both sides pledging to deepen intelligence cooperation amid growing global security challenges.
More than 46,000 people have been displaced in Yemen since fighting escalated last week, the International Organization for Migration (IOM) said on Friday, warning that the number is rising “by the hour”.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment