IDEAS home Printed from https://ideas.repec.org/a/zbw/espost/234111.html
   My bibliography  Save this article

Problems and perspectives of sustainable trade development in China under the one belt one road initiative

Author

Listed:
  • Ji, Zhi
  • Abuselidze, George
  • Lymar, Valeriia

Abstract

In the paper the authors proved that China's growth towards dominance in international trade has begun recently, but, on average, the growth of China's trade volume has doubled every four years over the past three decades. The paper analyses that the rapid growth of the Chinese economy provides all countries around the world especially neigh boring countries, with a chance of interconnected development, which had a decisive impact on the economic prosperity of the world economy at the end of the last and at the beginning of this century. The key priority of Chinese economic policy was called attracting FDI, but gradually it focused on foreign direct investment (FDI) from China. Therefore, the "one belt, one road" initiative has brought maximum effect not only on the country itself, but on the entire global economy, and has become the basis for multilateral economic development. Accordingly, we have come to the conclusion that the project the "one belt, one road" has a goal to strengthen the geopolitical cooperation between Asia and Europe, so it is Ukraine that is important in its implementation. Ukraine is a strategically important logistics hub between Asia and Europe. It is proved that Ukraine is now a promising country in Eastern Europe and has a significant deferred purchasing power potential, which will increase if the political and economic situation in the country stabilizes.

Suggested Citation

  • Ji, Zhi & Abuselidze, George & Lymar, Valeriia, 2021. "Problems and perspectives of sustainable trade development in China under the one belt one road initiative," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 258.
  • Handle: RePEc:zbw:espost:234111
    DOI: 10.1051/e3sconf/202125806050
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/234111/1/E3SWOC_258_06050_2021.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.1051/e3sconf/202125806050?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
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yao Tong & Cui Zhou & Jingying Lin & Chengkai Tan & Wenjian Tang, 2022. "Coupling Analysis of the Road-Network Spatiotemporal Distribution and the Economy in B&R Countries Based on GIS," Sustainability, MDPI, vol. 14(14), pages 1-13, July.
    2. Datsii, Oleksandr & Levchenko, Nataliia & Shyshkanova, Ganna & Dmytrenko, Ruslan & Abuselidze, George, 2021. "State decoupling audit of low-carbon agricultural production," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 45(340), pages 94-112.

    More about this item

    Keywords

    Trade Policy; Trade Development Strategy; One Belt; One Road; Export-Import Operations;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

    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:zbw:espost:234111. 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: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/zbwkide.html .

    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.