Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/234111 
Year of Publication: 
2021
Citation: 
[Journal:] E3S Web of Conferences [ISSN:] 2267-1242 [Volume:] 258 [Article No.:] 06050 [Publisher:] EDP Sciences [Place:] Les Ulis, France [Year:] 2021
Publisher: 
EDP Sciences, Les Ulis, France
Abstract: 
In the paper the authors proved that China's growth towards dominance in international trade has begun recently, but, on average, the growth of China's trade volume has doubled every four years over the past three decades. The paper analyses that the rapid growth of the Chinese economy provides all countries around the world especially neigh boring countries, with a chance of interconnected development, which had a decisive impact on the economic prosperity of the world economy at the end of the last and at the beginning of this century. The key priority of Chinese economic policy was called attracting FDI, but gradually it focused on foreign direct investment (FDI) from China. Therefore, the "one belt, one road" initiative has brought maximum effect not only on the country itself, but on the entire global economy, and has become the basis for multilateral economic development. Accordingly, we have come to the conclusion that the project the "one belt, one road" has a goal to strengthen the geopolitical cooperation between Asia and Europe, so it is Ukraine that is important in its implementation. Ukraine is a strategically important logistics hub between Asia and Europe. It is proved that Ukraine is now a promising country in Eastern Europe and has a significant deferred purchasing power potential, which will increase if the political and economic situation in the country stabilizes.
Subjects: 
Trade Policy
Trade Development Strategy
One Belt, One Road
Export-Import Operations
JEL: 
F02
F13
F63
O24
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version
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