Skip to main content
  • China’s Transfer of Production Facilties to Central Asia: Kazakhstan Case

    14.09.2017 | E-Bulletin | Economy | 75 Azhar Serikkaliyeva

    In the early 2000s, in order to reduce the costs of production, a large number of Western companies moved their industrial facilities to regions with an undeveloped market, cheap labor and low industrial costs for environment. In this regard, the countries of the Asia-Pacific region, especially China, which has become the “world’s factory”, perfectly matched the mentioned criteria. However, after the 2008 crisis, Beijing announced reorientation towards a domestic consumption-led model of economy instead of an export-oriented one. 

    Tags: China, Kazakhstan, Economy

Author

  • Junior Research Fellow

    Azhar Serikkaliyeva

    Azhar Serikkaliyeva graduated from China Studies Department of the Faculty of Oriental Studies in Al-Farabi Kazakh National University in 2008.