Alma Mater
ISSN 1026-955X
Vestnik Vysshey Shkoly (Higher School Herald)
The best way to learn all about Higher Education


China-Russian trade relations and the “New silk road”

Zhiling Zhou
80,00 Р

UDC 327            


Ziling Zhou is master student at St. Petersburg State Economic University (SPbGEU) e-mail:


Analysed is the problem of economic interaction states through participation in international trade projects creating desides commercial benefit, strong social effect and stimules to foreign economic operations, what encourages investment climate of the state and strengthens sustainability of it’s economic development. Interaction between Russia and China as Eurasian flagmans has a significant influence on trade flows within the continent boundaries and needs to be explored from economic and geopolitical perspective. This article is devoted to macroeconomic domain of Russian-Chinese relations and analyzes the “New silk road” project, that resembles modern solution for trade transport between Eurasian countries. Findings reveal patterns and characteristics of economic relations between Russia and China, as well as possible development scenarios for similar international trade projects.

Keywords: international economic relations, Russian-Chinese trade, New silk road.



1. Pyaopyao, Ch. International cooperation in Russian oil industry against the backdrop of dynamic development of trade between Russia and China. Scientific Dialogue. 2017. No. 7.

2. Rumyanceva, S.Yu. Interrelation of economic cycles and innovative climate. Problems of modern economy. 2014. No. 3 (51).

3. Karickaya, I.M., Sitnikova, Ya.V., Markasova, O.A. Trade Relations between Russia and China — Key Strategic Initiatives. International Research Journal. 2017. No. 2 (56). P. 24–28.

4. Golovin, A.A., Golovin, A.A., Parhomchuk, M.A. Comprehensive assessment of foreign trade conditions in BRICS countries. Theoretical & Applied Science. 2017. No. 9. P. 216–220.

5. Kolodin, V.S., Suhodolov, Yf.A. Modern specifics and prospects of foreign trade cooperation of Baikal region with Peoples’ Republic of China. Izvestiya Baikalskogo State University. 2019. No. 29 (2).

6. Vartanova, M.L., Drobot, E.V. Prospects of Eurasian space expansion in the context of strengthening trade, economic and financial cooperation between Russia and China. Russian Entrepreneurship. 2018. No. 19 (9). P. 2323–2344.

7. Ryzhova, N. Influence of cross-border trade on economic development of China and Russia. Economic issues. 2018. No. 6. P. 137–150.

8. Bersenev, V.L. Problems of Intercultural Cooperation in the Framework of Eurasian Economic Integration. Integration of Russia into the World Economy: New Paradigms of Economic Culture. 2011. No. 1. P. 44–51.

9. Majdanevich, Yu.P., Babashina, A.S. Russian-Chinese Economic Relations: History and Ways of Development. Azimuth of Scientific Research: Economics and Management. 2016. No. 5 (15).

10. Fedorova, E.A., Barihina, Yu.A. Impact of sanctions on the economy of the Russian Federation. Economic Analysis: Theory and Practice. 2015. No. 37 (436).

11. Zakharova, E.V., Majer, M.V. Sanctions against Russia. Analysis of the impact of the economic crisis on retail trade. Scientific Journal of National Research University ITMO. 2015. No. 3.

12. Oganesyan, A.A., Yakovlev, A.P. Russian-Chinese economic relations. Current status. Actual problems of aviation and cosmonautics. 2016. No. 2 (12).