Welcome to Francis Academic Press

The Frontiers of Society, Science and Technology, 2023, 5(16); doi: 10.25236/FSST.2023.051615.

A Study on the Impact of the Russia-Ukraine Conflict on the Global Economy and China

Author(s)

Yibei Yu1, Jinru Zou2, Xinyi Liu3, Jiaqian Sun4, Auston Alexander An5, Winston Alexander Zhu5

Corresponding Author:
Yibei Yu
Affiliation(s)

1University of California, Davis, USA

2The Chinese University of Hong Kong, Shenzhen, China

3East-West School of International Studies, New York, USA

4Portledge School, New York, USA

5Shenzhen Harrow International School, Shenzhen, China

Abstract

The Russia-Ukraine conflict has brought about complex impacts on the world and China's economy, including global economic recession, financial market volatility, disruptions in the global supply chain, restricted export markets, increased risks of imported inflation, and industrial supply chain security concerns, among other issues. Addressing these challenges requires a series of comprehensive strategies, including strengthening international cooperation and diplomatic efforts, promoting economic diversification and reducing reliance on energy resources, enhancing international trade cooperation, implementing domestic structural reforms, and bolstering international financial collaboration. These measures will help mitigate geopolitical tensions and financial market instability while preserving sustainable global economic growth.

Keywords

Russia-Ukraine conflict; world economy; Chinese economy

Cite This Paper

Yibei Yu, Jinru Zou, Xinyi Liu, Jiaqian Sun, Auston Alexander An, Winston Alexander Zhu. A Study on the Impact of the Russia-Ukraine Conflict on the Global Economy and China. The Frontiers of Society, Science and Technology (2023) Vol. 5, Issue 16: 91-99. https://doi.org/10.25236/FSST.2023.051615.

References

[1] Yi Xiaojun, Li Xiao, Sheng Bin, etc. The influence of the conflict between Russia and Ukraine on the international economic and trade pattern [J]. International Economic Review, 2022 (03): 9-37.

[2] Ni Feng, Dawei, Feng Zhongping, etc. The influence of the Russia-Ukraine conflict on the international political pattern [J]. International Economic Review, 2022 (03): 38-67 

[3] Li Wei, Mu Ruitong. Western economic sanctions against Russia under the conflict between Russia and Ukraine [J]. Modern International Relations, 2022 (04): 1-9 + 25 

[4] Zhao Long, Liu Jun, Ding Chun, etc. The Conflict between Russia and Ukraine and the international Political and economic Game [J]. International Outlook, 2022, 14 (03): 56-78 

[5] Wang Zhan, Li Yongquan, Jiang Feng, etc. Conflict between Russia and Ukraine, global political and economic transformation and its impact on China [J]. Russian Studies, 2022 (03): 20-54.

[6] Chen Jiawen. Economic sanctions under the Russia-Ukraine conflict: measures, impacts and uncertainty [J]. International Economic Cooperation, 2022 (03): 19-32.

[7] Wei Hao, Ma Maohua, Wang Chaonan. The impact and countermeasures of the Russia-Ukraine conflict on China's economy [J]. China's Foreign Trade, 2022 (07): 26-29.

[8] Xu Xiangmei. The impact of the Russia-Ukraine conflict on the world economy [N]. Economic Daily, 2022-04-15 (011).

[9] Hu Hunan. The impact of the Russia-Ukraine conflict on the global economy and China's strategy [J]. Asia Pacific Economy, 2022 (04): 18-24. 

[10] Ding Hao, Li Xiao, Li Yi. The impact of the Russia-Ukraine conflict on the world economy and China's economy and its countermeasures [J]. China Development, 2022,22 (03): 66-72.

[11] Ma Xili. A study on the medium-and long-term impact of economic sanctions triggered by the Russia-Ukraine conflict on major global economies [J]. World Economic and Political Forum, 2022 (05): 93-115.

[12] Molly. The conflict between Russia and Ukraine will remain an important variable in the global economic recovery [N]. Financial Times, 2023-02-10 (008).

[13] Sun Xiaoli. The conflict between Russia and Ukraine affects China's foreign trade to effectively respond to the impact and seize more opportunities [N]. China Economic Herald, 2022-07-12 (003).

[14] Sun Jia. Economic shock wave of the conflict between Russia and Ukraine [J]. Reform in China, 2022 (03): 6-7.

[15] Xu Xiangmei, Huang Hanquan, Zhang Monan, etc. The conflict between Russia and Ukraine has had multiple impacts on the global economy [J]. China Economic Review, 2022 (05): 40-46.