Fact Check: "China's investment in Kazakhstan reaches a staggering $26 billion."
What We Know
Recent reports indicate that China's total investment in Kazakhstan has indeed surpassed $26 billion. This figure was confirmed by Kazakh President Kassym-Jomart Tokayev during the second Central Asia-China summit held on June 17, 2025. Tokayev emphasized that nearly 5,000 enterprises with Chinese capital are currently operating in Kazakhstan, highlighting the depth of economic ties between the two nations (Astana Times). Furthermore, other sources corroborate this claim, stating that China is one of the top five investors in Kazakhstan, with commitments totaling $26 billion (Bloomberg, Livemint).
Analysis
The claim that China's investment in Kazakhstan has reached $26 billion is supported by multiple credible sources. The information provided by President Tokayev during an official summit is particularly noteworthy, as it comes from a primary source directly involved in the economic relationship between the two countries. The Astana Times, a reputable local news outlet, reported on Tokayev's statements, providing context about the strategic partnership between Central Asia and China (Astana Times).
Additionally, Bloomberg and Livemint, both recognized international news organizations, have reported similar figures, reinforcing the reliability of the $26 billion investment claim. These outlets are known for their rigorous reporting standards and fact-checking processes, which adds to their credibility (Bloomberg, Livemint).
While the sources are generally reliable, it is important to note that the figures may be subject to updates and revisions as new economic data becomes available. However, as of now, the consensus among these reports supports the claim that China's investment in Kazakhstan has indeed reached $26 billion.
Conclusion
Verdict: True. The claim that China's investment in Kazakhstan has reached $26 billion is substantiated by multiple credible sources, including official statements from the Kazakh government and reputable international news outlets. The consistency of these reports across different platforms further validates the accuracy of the claim.