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

 
PIIS013128120002692-2-1
DOI10.31857/S013128120002692-2
Publication type Article
Status Published
Authors
Occupation: Leading researcher
Affiliation: Institute of Far Eastern Studies of the Russian Academy of Sciences
Address: Russian Federation, Moscow
Journal nameProblemy Dalnego Vostoka
EditionIssue 6
Pages85-91
Abstract

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.

Keywordsforeign 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”
Received27.12.2018
Publication date28.12.2018
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