The aim of this article is to examine the impact of the actions of Chinese capital on limiting the influence of the Russian Federation in Kazakhstan. The preliminary analysis allowed for the formulation of the research question: Does Kazakhstan still take political considerations into account when choosing between Russian and Chinese capital? It was possible to answer this question due to the analysis of the main investments implemented by the Pekin and Mosocow in terms of their compliance with the Kazakhstan2050 development plan, initiated by President Nursultan Nazarbayev in 2012. The main research methods used in the article included: the analysis of literature on the subject, comparison, inference and induction. Finding the relationship between the development plan and investments made it possible to formulate a research hypothesis that the evaluation was reversed in the Kazakh development strategy. The primary objective when choosing a strategic partner became the economic calculation and its benefits. Political considerations came only in second place.