INVESTMENT COOPERATION BETWEEN UZBEKISTAN AND CHINA: CHALLENGES AND PROSPECTS
DOI:
https://doi.org/10.5281/zenodo.21840011Abstract
Investment cooperation between the Republic of Uzbekistan and the People’s Republic of China is examined
through a comprehensive macroeconomic and structural perspective. Following the large-scale economic liberalization
reforms initiated by Tashkent in 2016, bilateral investment relations evolved from fragmented asset acquisitions into a
systematic Comprehensive Strategic Partnership. Using a mixed-methods approach that combines quantitative econometric
analysis of foreign direct investment (FDI) inflows with qualitative policy analysis, the distribution of Chinese capital
across key sectors, including energy, manufacturing, transport logistics, and high-technology industries, is assessed.
The analysis also identifies major structural challenges, such as increasing external debt vulnerability, asymmetric trade
dependence, and barriers to local technology transfer. Based on these findings, strategic recommendations are proposed
to enhance portfolio diversification, mitigate fiscal risks, and strengthen the institutional framework for sustainable and
mutually beneficial investment cooperation toward 2030
Keywords
foreign direct investment (FDI), Uzbekistan, China, Belt and Road Initiative, industrial policy, sovereign debt, strategic partnership.References
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