Many observers both inside and outside Central Asia have noticed China’s rising economic influence there, supplanting the region’s traditional hegemon, Russia. In yet another sign of China’s growing economic clout in Eurasia, Astana International Financial Center governor and former National Bank chairman Kairat Kelimbetov announced, on February 29, that Kazakhstan will build an offshore yuan center. According to Kelimbetov, the offshore Chinese currency center will serve the entire Central Asian region in anticipation of rising regional trade and investment with China (The Shanghai Daily, February 29). He added that Kazakhstan will also expand its cooperation with the Shanghai stock and gold exchanges as part of a broader effort to encourage more Chinese financial institutions to assist his country in developing Astana as an international financial center. The choice of Astana is not accidental: Kazakhstan has Central Asia’s most dynamic economy, far ahead of neighboring Kyrgyzstan, Tajikistan, Turkmenistan or Uzbekistan.