(MEMRI) The recent protests in Kyrgyzstan showed the country’s dependence on the neighboring PRC [People’s Republic of China]. It emerged that during the riots, Chinese business was badly damaged by looters. In the republic with a population of 6 million people, there are about 400 companies, connected one way or another with China. And Russia, it seems, is losing its influence not only in Kyrgyzstan, but also in other republics of Central Asia, note the experts. […]
“Kyrgyzstan and Tajikistan simply have no other option but to borrow money for development, taking into account their deficit budget.” – stated the Valdai Club expert Stanislav Tkachenko, Club, professor at St. Petersburg State University, visiting professor at the Center for Economics and Policy Studies of Countries in Transition, Liaoning University of Science and Technology. […]
Comparing Russia and China’s opportunities for influence in Central Asia, Tkachenko suggests the following metaphor:
“Imagine that you are ready to participate in a chess competition, but your opponent arrives with a baseball bat. Who will win? Of course, China, which is at least ten times more powerful than Russia. Including from the financial point of view.” – said Tkachenko. […]
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