The Impacts of Russia-Ukraine conflict on China's Trade and Its Strategies
Russia-Ukraine conflict has intensified against glob-alization and it has an impact on China's trade.Based on the characteristics of Sino-Russia and Sino-Ukraine trade as a starting point,through data comparison found that the direct impacts of this conflict on China's trade imports and exports are mainly reflected in the reduction of export profits,the weakening of European market competitiveness and the restriction of exports to Europe,and the indirect impacts on China's trade are mainly reflected in the intensification of stock market shocks,the rise of imported inflation risks,the rise of security risks in the industrial chain and supply chain,and the development difficulties of the corresponding countries along the"the Belt and Road".For this reason,the paper proposes strategies for expanding international co-operation,strengthening co-operation in key areas,building independent production and supply chains,and promoting the development of digital renminbi and Internationalization of the renminbi.
万方数据
维普
