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In 2013, Chinese President Xi Jinping launched the Belt and Road Initiative. This modern initiative aims to revive the ancient Silk Road and connect China with many neighboring and distant countries and economic blocs. China invests mainly in infrastructure by developing a network of land and maritime roads, facilitating communication, trade and transportation. The various projects under this initiative will make China a leader in international trade and an attractive region for giant partners. This paper analyzes the Chinese presence in Eurasia after the launch of the Belt and Road Initiative and the contemporary geopolitics of Eurasia in light of the great Chinese expansion. This study contributes to clarifying the China-Central Asia relationship and represents this relationship within the framework of the Belt and Road Initiative. This study is based on data issued by governmental institutions and international research centers, which makes it an important reference in Central Asian studies. This paper concluded that the Belt and Road Initiative will have a significant impact on the economy of Central Asia and its geopolitical position through the great Chinese openness and dependence on Central Asia in China’s regional and international trade. The paper also discusses the Sino-Russian contrast that may arise with the Chinese penetration into Central Asia.

The Chinese Ministry of Commerce issued a statement Friday morning, July 6, 2018, confirming the outbreak of a trade war between the United States and China. The statement came after the United States imposed tariffs on many Chinese goods, in violation of international and bilateral agreements, and the destruction of the concept of free trade which the United States calls for following it. It is a war of opposite directions, especially the contradiction between the new Trump policy and the Chinese approach. The proof is what US Defense Secretary James Matisse announced in Singapore in early June 2018 of “the full strategy of the new United States, in the Indian Ocean and the Pacific,” where China was the “sole enemy of the United States” in China’s geostrategic region. Intentions have become publicized, and trade war between the two economic giants is turning into a reality. This paper will give an overview of the US-China scenario of trade war, then a focused analysis on the Trump’s administration economic decision regarding China, and the consequences of this decision.

PurposeThe regional comprehensive economic partnership (RCEP) is promising as per the claims and can be revolutionary for the Asia–Pacific Region. The member countries will get a boost in the post-pandemic world due to the RCEP. According to Brookings, the RCEP is going to be an agreement reshaping the global economics. This study aims to clarify the aspects related to the RCEP and how it can boost global economics.Design/methodology/approachThe study employs qualitative descriptive analysis to address the status of RCEP in the region and the consequences of such main transnational partnership. The study is based on economic reports, official documents and data directly related to the subject of the study.FindingsFindings show that the RCEP will be a significant driver of regional trade despite its faults. The RCEP's tariff benefits and rules of origin, notwithstanding their relatively restricted scope, will encourage enterprises to source products and services from RCEP members, and in combination, RCEP and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) are anticipated to replace at least some competing US commodities, services and farm exports. For items that integrate parts and components from inside the area, such as from China, the RCEP is projected to reduce tax and trade facilitation costs, allowing enterprises to avoid US Section 301 tariffs.Originality/valueBy examining how the RCEP operates within the framework of domestic and international trade, this study contributes to a deeper understanding of RCEP and analyses its nature based on data and official reports.

The purpose of this study is to examine the impact of the COVID-19 pandemic on China in terms of both health and economic crises and to provide an in-depth analysis of the government’s economic policies in response to the crisis. To achieve this, the study analyzes data on the spread and progression of the COVID-19 pandemic in China and the data on the Chinese economy and government initiatives to stimulate economic growth. The study draws on relevant literature to contextualize the effects of past crises on the global economy. The study found that the COVID-19 pandemic had a significant impact on the Chinese economy, resulting in the first annual decline in growth since 1976. The government’s response to the crisis focused on job security rather than economic growth. The study also revealed that the government implemented various measures to stimulate the economy, such as tax relief, loans to small and medium-sized enterprises, and investments in infrastructure projects. The study provides insight into the effectiveness of the government’s economic policies in response to the crisis and offers important scientific findings on the impact of the COVID-19 pandemic on China’s economy and public health. The study highlights the challenges faced by China in responding to the crisis and provides valuable lessons for other countries. The study’s contribution lies in its thorough analysis of the Chinese case and its potential to serve as a model for other economies in the post-pandemic era.