The growing importance of China as a merchandise importer from countries and territories participating in the Belt and Road strategic initiative
Mantaeva E.I.1, Bolaev A.V.1
1 Калмыцкий государственный университет им. Б.Б. Городовикова
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Journal paper
Journal of International Economic Affairs (РИНЦ, ВАК)
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Volume 14, Number 1 (January-March 2024)
Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=65634619
Abstract:
The article examines the role of China in the export of goods from the current list of countries and territories participating in the One Belt and One Road strategic initiative. The combined role of these countries in the world merchandise export during 2022 and 2013 is discussed. The increasing role of China as a global importer and its significant role as an importer from countries and territories participating in the One Belt and One Road strategic initiative are shown. Countries and territories that have significantly increased the export of goods to China over the specified period of time are highlighted. The main factors contributing to the growth of exports of these countries and territories to China are identified. Among these factors, to be the growth of imports of raw materials and food products into China seems to be the main one.
Keywords: One Belt and One Road, Belt and Road, China, import, export
JEL-classification: N15, N25, N75, O53
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