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2024-3
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previous article Regionalistica 2024 Volume 11 number 3 pages 46-63 next article

 

Title of the article China’s Border Trade amid Global Challenges
Pages 46-63
Author Izotov Dmitry AleksandrovichIzotov Dmitry Aleksandrovich
doctor of economics, leading research fellow
Economic Research Institute FEB RAS
153, Tikhookeanskaya Street, Khabarovsk, Russia, 680042
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ORCID: 0000-0001-9199-6226
Abstract The purpose of this study is to analyze the dynamics and structure of Chinese border trade in the context of current global challenges. Border trade is an important source of economic development for some Chinese regions, despite its small share in China’s foreign trade. The article identifies changes in Chinese border trade in the early 2020s: restrictions related to COVID-19 contributed to the development of other forms of trade; sanctions against Russia stimulated an increase in the share of border trade in favor of the EAEU countries. It is shown that the PRC’s border trade was constrained by direct supplies of goods, underdeveloped border infrastructure, the small scale of border markets, informal trade and the «frozen» border conflicts. The implementation by China of different models in the development of border trade has been revealed. An increase in the share of the Xinjiang Uygur Autonomous Region in the border trade of the PRC was discovered, which has become a trade hub between China and the EAEU countries. It is shown that in North-East China, the bulk of trade turnover with Russia was formed by direct supplies of goods, bypassing border trade, indicating stagnation in cross-border cooperation between countries in the Far Eastern territory.
Code 339.5+332.1
DOI 10.14530/reg.2024.3.46
Keywords trade turnover, border trade, COVID-19 pandemic, sanctions, region, China, Russia, EAEU
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For citation Izotov D.A. China’s Border Trade amid Global Challenges. Regionalistica [Regionalistics]. 2024. Vol. 11. No. 3. Pp. 46–63. http://dx.doi.org/10.14530/reg.2024.3.46 (In Russian)
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