Evolution of trade and investment ties between the PRC and the EAEU in the context of the Belt and Road Initiative projects implementation
https://doi.org/10.28995/2782-2222-2024-2-108-123
Abstract
The article concerns the specifics in the evolution of trade and investment ties between the EAEU and the PRC under the framework of the Belt and Road Initiative and implementation of its projects. It analyses rates of goods turnover between the EAEU and the PRC growth and goods structure and estimates the construction and transport services trade and the role of the PRC as FDI provider for the EAEU. The article also highlights the key features in the evolution of trade and investment ties, concerning the implementation of the Belt and Road Initiative projects. The main features include: high rate of growth of trade in goods and in services, especially in construction and transport services; inflow of the Chinese investments in the EAEU economies; unevenness of such a growth, with the PRC outpacing it. The author underlines the necessity of advancing the cooperation mechanisms between the EAEU and the PRC for better synergy of BRI projects and EAEU development strategies.
About the Author
D. A. Potapov
Plekhanov Russian University of Economics
Russian Federation
Russian Federation
Daniil A. Potapov - postgraduate student
bld. 36, Stremyannyi Lane, Moscow, 117997
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Review
For citations:
Potapov D.A. Evolution of trade and investment ties between the PRC and the EAEU in the context of the Belt and Road Initiative projects implementation. Science and art of management. 2024;(2):108-123. (In Russ.) https://doi.org/10.28995/2782-2222-2024-2-108-123
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