A steadier oil market has helped Kazakhstan’s National Oil Fund regain its footing. But Kazakhstan’s other fund, Samruk-Kazyna, has struggled in its privatization drive.
What do these three things have in common: a Kyrgyz gold mine, a Malaysian Ponzi scheme, and canned camel milk? If you said the Belt and Road Initiative, Beijing wants a word with you.
Last year Uzbekistan lifted a ban on individuals prospecting for gold. In a remote corner of Navoi province, locals and Chinese have not wasted time getting into business.