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China-Kazakhstan $13 Billion Agreement Package

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Where it stands

On July 22, Xi Jinping and Kassym-Jomart Tokayev signed more than 70 commercial agreements worth over $13 billion, including plans for a CATL battery plant and a terminal at Kuryk port. The report gives no update on implementation or completion of the package.

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    1. Update 1Seventy Deals, Three Headlines: What Kazakhstan and China Actually Signed in Shanghai

    The story so far

    1. Update 1

      Seventy Deals, Three Headlines: What Kazakhstan and China Actually Signed in Shanghai

      Tokayev's two-day visit produced a stack of commercial agreements. The dollar figure is the first thing to fight over.

      Still open after this report

      • The exact dollar value of the package — sources split between $15 billion and €11.4 billion, and neither figure can be cleanly reconciled against the other.
      • Whether any single project (the CATL plant included) has reached a binding contract stage rather than a memorandum of understanding.
      • The terms of Chinese financing, including any sovereign loan component or concessionary rate.

    History

    1. Opened1 report

    Who's involved

    People

    • Kassym-Jomart TokayevPresident of Kazakhstan since 20191 report
    • Xi JinpingGeneral Secretary of the Chinese Communist Party since 2012 (born 1953)1 report

    Places

    • KazakhstanKazakhstan1 report
    • KurykKuryk, Kazakhstan1 report
    • ShanghaiShanghai, China1 report

    Every outlet we read on this story

    11 sources10 outlets1 video