Research On The Legal Issues Of Financial Cooperation Between Kazakhstan And China

China and Kazakhstan are neighbors,the two countries are closely linked.In the past more than 10 years,bilateral economic exchanges between the two countries have become more and more closer,and economic cooperation also some other projects were also developed rapidly.At present day,China has become the second largest trading partner of Kazakhstan,that leaded more investment projects occur into the two countries.Believe in the near future the amount of mutual investment will increase soon.According to the establishment of Asian Infrastructure Investment Bank,the financial sector is the world's most important topic of economic development.The cooperation projects between China and Kazakhstan should be taking support of the financial sector as the first place,and increase the prevention and treatment of financial risks together also face of updating policies and solutions,and keep developing the cooperation between the two national banks.Asia population is taking place 3/5 of the whole world,with a total amount about 4.2 billion.But there are 950 million of the population can be divided into absolute difficulty level.A lot of landlocked countries do not have shipment method,they need help to go through the third country to transport their cargos,there is no proper door to open for them to communicate with the other countries,so the economic development is particularly slow.Plus with the other factors,such as political history or geography,the development of infrastructure and the composition of a completely unbalanced,there has been no solution at all.They all said that the to get foreign investment is not the major problem,the most serious problem is that there is no external financial institutions responsible for the management of funds and continued to attract foreign investment.The brought up of the Asian Infrastructure Investment Bank plan was announced by Chinese President Xi Jinping in October 2,2013.President Xi was meeting with Indonesian President Susilo in Indonesia,from this time the Asian Infrastructure Investment Bank project had been officially started and implemented.Kazakhstan is one of the first Asian countries to participate in the Asian Infrastructure Investment Bank,with a very positive response.According to the data in recent years,the situation in Kazakhstan is not very optimistic about the domestic GDP,Kazakhstan and China need to work together to do a better job in the political,transportation,trade and financial cooperation.Bank cooperation is an important part of bilateral economic and also trade cooperation since the establishment of diplomatic relations between China and Kazakhstan.Through this opportunity of the Asian Infrastructure Investment Bank the two countries will need to perfect financial legal cooperation.There are still many difficulties and problems among issuing the legal norms of Asian Infrastructure Investment Bank cooperation.But the government of Kazakhstan is confident that the future will continue to work on it,Kazakhstan on the Asian investment bank agreement will eventually reach a peaceful coexistence and win-win situation.It is feasible and necessary to establish the cooperative mechanism between China and Kazakhstan.Through the fact that Kazakhstan has successfully joined the members of the new established Asian Infrastructure Investment Bank,also the analysis of financial architecture between Asian Infrastructure Investment Bank and members in particular with Kazakhstan,we hope to give out a deep analysis of the financial legal cooperation between Kazakhstan and China.First of all,I will bring out a brief background of the establishment of the Asian Infrastructure Investment Bank as the introduction;The first chapter is the introduction of the establishment of Asian Infrastructure Investment Bank also cooperation between China and Kazakhstan;the second chapter is the introduction of the framework of financial cooperation between China and Kazakhstan;the third chapter is the analysis of the problems of financial cooperation between China and Kazakhstan;in the fourth chapter will bring out few advices to solve the problems.End with the summary of the full text.