Predictions of a win-win project «One Belt, One Road» for Kazakhstan and China

Abstract

China’s Belt and Road Initiative is a far-reaching policy that aims to expand and strengthen China’s influence in the international sphere. It encompasses many countries around the globe and has the intention of achieving mutual economic growth. Through Belt and Road Initiative, China is establishing multiple strategic partnerships with both small and large countries through the development of infrastructure: the New Silk Road routes from Asia to Europe; the construction of oil and gas pipelines between Central Asia and China; and modernized seaports. This study will analyse the Chinese initiative as evidence for hegemonic stability theory about the long-term impact, and the convergence between the Belt and Road and Nurly Zhol programmes about short-term impacts on the development of Kazakhstan. The methods used are theory building; and a comparative analysis of the two programmes in terms of establishing a strategic partnership between China and Kazakhstan. The China International Initiative is an entirely new global mechanism of international cooperation that aims to achieve mutually beneficial and successful development. The participating countries that are actively involved in it, and will receive significant benefits, and this is about 150 countries and more than 30 international organizations that have already signed documents on cooperation with China within the framework of this initiative. In conclusion, conclusions are given regarding the alignment of interests with the program Nurly-Zhol and from the Chinese initiative for the development of the Belt and Road.