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PROBLEMS OF MODERN ECONOMICS, N 2 (82), 2022
SOCIO-ECONOMIC DEVELOPMENT IN FOREIGN COUNTRIES
Medynskaya I. V.
Chair of International Economics and International Economic Relations, St. Petersburg State University of Economics PhD (Economics), Professor
Gao Lei
PhD student, St. Petersburg State University of Economics

Specificities of impact produced by the structural changes in Chinese economy upon the country’s trade relations with Russia (Russia, St. Petersburg)
The article shows that directions, speed and proportions of interaction of the economic system of China and the Russian Federation largely depend upon the specificities of the branch structure of the Chinese economy. The authors discuss these specificities and the major transformations taking place in Chinese economy, distinguish directions of strategic trade cooperation with the Russian Federation stemming from these transformations, including intensification of the export of services, accelerated development on mutual IT-projects, formation and improvement of trade-and-logistics initiative withing “One Belt, One Road” programs, etc. The article systematizes the major directions of intensification of financial integration of the two countries in the context of Western sanction pressure upon the Russian economy.
Key words: China, Chinese economy, “One Belt - One Road” program, export, import, foreign trade relations, integration, sanction pressure, external economic cooperation
Pages: 151 - 153



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