A Brief Analysis of the Current Situation and Countermeasures of Sino-Russian Trade Under the Influence of Economic Globalization

Abstract

Economic globalization refers to the fact that all countries and regions are interconnected and interdependent, penetrate and expand, compete, and restrict each other through close economic exchanges and economic coordination, and have developed to a certain extent, forming the interweaving and integration of the world economy, so that the global economy forms an inseparable organic whole. Russia has become a comprehensive strategic partner of China, providing a strong boost for the development of the "Belt and Road" initiative. This paper mainly studies the basic theory of trade between China and Russia and analyzes and expounds the development of the scale of trade between China and Russia by analyzing the endowment of production factors and the characteristics of product structure in China and Russia.