IDEAS home Printed from https://ideas.repec.org/a/jfr/ijfr11/v14y2023i4p1-9.html

Characteristics and Implications of the Current International Situation

Author

Listed:
  • Lixing Zou
  • Xinyue Zou

Abstract

This article delves into the characteristics of the current international situation and the implications for us. The escalation of the Russia-Ukraine war, as well as war in Israel and Gaza, is intensifying global changes, exacerbating geopolitical and global supply chain adjustments. The U.S. "Indo-Pacific strategy" is accelerating its shift towards the East, rallying traditional allies and some forces near China, increasing containment against China, fostering the expansion of extreme nationalism, and adding to global uncertainty and confrontational sentiments. The U.S. and Europe are aiming to establish new trade rules, attempting to exclude China from strategic supply chains, and increasing risks to the global economic system. Influenced by the laws of development, China and the world are inseparable. The instinct for survival and development sparks China's strong sense of independence and autonomy, leading to the development of new systems, markets, and supply chains. The world is likely to trend towards a stable state of "dual polarity." China and the United States are mutually interdependent and cooperative, and they have an irreplaceable impact on the global socio-economic and political order. Both of them need to enhance strategic insight, uphold constructive dialogue, and attach great importance to strategic artistry in order to steadily progress.

Suggested Citation

  • Lixing Zou & Xinyue Zou, 2023. "Characteristics and Implications of the Current International Situation," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 14(4), pages 1-9, October.
  • Handle: RePEc:jfr:ijfr11:v:14:y:2023:i:4:p:1-9
    DOI: 10.5430/ijfr.v14n4p1
    as

    Download full text from publisher

    File URL: https://www.sciedu.ca/journal/index.php/ijfr/article/view/24686/15335
    Download Restriction: no

    File URL: https://www.sciedu.ca/journal/index.php/ijfr/article/view/24686
    Download Restriction: no

    File URL: https://libkey.io/10.5430/ijfr.v14n4p1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jfr:ijfr11:v:14:y:2023:i:4:p:1-9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gina Perry (email available below). General contact details of provider: http://ijfr.sciedupress.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.