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The Risk Evaluation for Chinese Investment in Kazakhstan ——An Analysis based on Extension Element Evaluation Model

ZHANG Shuai   

  1. Central Asia Institute of Economics and Trade,Xinjiang University of Finance and Economics, Urumqi 830012,China
  • Received:2016-11-18 Online:2017-03-19

Abstract: The article analyzed risk of Chinese investment in Kazakhstan through constructing the extension element evaluation model of capital flow risk.Chinese capital flow risk to Kazakhstan is susceptible to the impact of international macroeconomic environmental changes, the overall level of risk has been relatively high since 2008, and comprehensive capital flow risk reached purple warning in 2008,2010 and 2014; economic risk, capital structure risk, capital market risk and political risk are the main capital flow risks for Chinese investment in Kazakhstan; the early warning results show that the overall capital flow risk level will arrive at purple warning in the next five years.

Key words: Kazakhstan;capital flow;extension element evaluation model, risk measurement