Development of China’s Foreign Trade in the Context of Globalization and Trade Wars of the USA

According to the China’s customs statistics, PRC foreign trade increased in 2010–2017 by 1.4 times (from 2974 billion to 4105 billion dollars). The countries located along the Silk Road Economic Belt and Maritime Silk Road of the XXI Century now account for more than ¼ of China’s foreign trade turnover. This means that despite the US sanctions China has prospects for expanding and deepeningtrade and economic ties on all countries.

Keywords

foreign trade policy, globalization, Silk Road Economic Belt, Maritime Silk Road of the XXI Century, Eurasian Economic Union (EAEU), new investment bank of BRICS, de-dollarization, “trade wars”

Received

27.12.2018

Publication date

28.12.2018

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GOST	Varfalovskaya R. Development of China’s Foreign Trade in the Context of Globalization and “Trade Wars” of the USA // Problemy Dalnego Vostoka – 2018. – Issue 6 C. 85-91 [Electronic resource]. URL: https://pdv.jes.su/S013128120002692-2-1 (circulation date: 19.01.2025). DOI: 10.31857/S013128120002692-2
MLA	Varfalovskaya, Rosalia "Development of China’s Foreign Trade in the Context of Globalization and “Trade Wars” of the USA." Problemy Dalnego Vostoka 6 (2018):85-91. DOI: 10.31857/S013128120002692-2
APA	Varfalovskaya R. (2018). Development of China’s Foreign Trade in the Context of Globalization and “Trade Wars” of the USA. Problemy Dalnego Vostoka (6), pp.85-91 DOI: 10.31857/S013128120002692-2

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