being crushered by beijing in kazakhstan

being crushered by beijing in kazakhstan

Nov 23 2020 · China Development Bank CDB still lends to Kazakh stateowned entities but now tries to bring local sources of finance to the table For example a 26 billion polypropylene plant currently under construction in Atyrau is financed by a subsidiary of one of Kazakhstan’s sovereign wealth funds which has borrowed 2 billion from CDB and is funding the rest itself


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