Cooperation between Central Asian States and the People's Republic of China in 2000-s

Since the beginning of the world financial crisis (also it was named "Late-2000s recession" or "Great Recession") Central Asianeconomies and the People's Republic of China economy as well have been entered into recession in major. As the crisis developed it influencedthe economies in different ways, especially more open ones (such as Kazakhstan and Kyrgyzstan) suffered more, so their macroeconomicsituation differs dramatically from the situation within more stable and administrative-oriented (such as Uzbekistan). But the measuresof the Chinese government had more space for recovery. That's why politicians decided to use such chance and provided economic aid toCentral Asian states within the Eurasian inter-governmental organization - Shanghai Cooperation Organization (SCO) due to the country'sneeds up to $10 billions. As the crisis was not only in finance, but also in credit, it was a step forward in the Cnina's regional policy, leadingto widespread its economic pressure through adopting new credit lines for Kazakhstan, establishing several joint ventures in Uzbekistan andTajikistan and so on. But on the other hand, Chinese aid established the regional mechanism to fight the crisis, because Central Asian stateshaven't got other source for doing so. Economic recovery started mainly in 2009, but some economic indicators still were at the bottom line.During the last decade the PRC has made a stake for new spheres of cooperation, such as humanitarian cooperation, cooperation in the infrastructure(mainly in transport and pipeline building). Cooperation with China's Xinjiang (Xinjiang Uyghur Autonomous Region) was themain aspect of the development inter-regional trade and a new regional aspect of development (established in 2010-2011). The intensionsand cooperation were provided in all spheres of politics, economy and mineral resources (commonly used the term of "co-" ("hu"), in Chineseit was as "zhengzhi huxin, jingji huzhu, ziyuan hubu"). The situation within Central Asia and the changes of it were the factors leadingto reduce the speed of Chinese "peaceful invasion" in the region. Some of them were established in 1990-s, others - in early 2000-s, butnewly appeared ones such as: 1. Obama's Plan for Afghanistan; 2. Armed conflict in South Ossetia; 3. Kyrgyz Revolution of 2010 (or SecondKyrgyz Revolution); 4. Customs Union of Belarus, Kazakhstan and Russia; 5. July 2009 Urumqi riots. After all we could see the increase of the China's activity in the region. Especially the Chinese government through the channels of XUAR supported regional economies.The leading trend is Chinese capital involvement in the credit and financial systems of Central Asian states.

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