Russia and the slowdown of the Chinese economy

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Titel: Russia and the slowdown of the Chinese economy
Författare: Nuutilainen, Riikka ; Rautava, Jouko
Institution: Bank of Finland
Avdelning / Enhet: Institute for Economies in Transition (BOFIT)
Serie: BOFIT Policy Brief
Serienumber: 2/2020
Utgivningsår: 2020
Utgivningsdatum: 17.1.2020
Sidor: 19
Subject (yso): talouskasvu; ulkomaankauppa; energia; taloussuhteet
Nyckelord: Bofit-kokoelma; Venäjä; Kiina
Andra nyckelord: Russian economy; Chinese economy; economic relations; China; Russia; foreign trade; energy; economic growth
Abstrakt: This paper examines the development of economic relations between Russia and China in recent years, focusing on how the slowdown in China’s growth and changes in its economic structures might impact Russia’s economic outlook and the future of China-Russia economic relations. Economic relations between the countries have progressed favorably over the past decade with increased trade and Russian oil exports to China buoying Russian economic growth. While this trade cooperation has served both countries’ interests, it has also reinforced Russia’s dependence on commodity exports. Like the rest of the world, Russia has to deal with China’s slowing economic growth. Those repercussions, however, are particularly challenging in Russia’s case.
Innehållsförteckning: Abstract .. 3 Introduction .. 4 Chinese economy has been opening while Russia is closing .. 4 Energy dominates economic relations .. 6 Unimpressive investment flows .. 10 Financial market and currency issues .. 10 China’s slowdown will hurt Russia .. 13 Conclusions .. 15 References .. 17
Licens: https://helda.helsinki.fi/bof/copyright


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