The central focus of author’s paper is the strategic partnership between Russia and China in the context of present-day globalization. The relevance of the study is shown by the increasing importance of Russian-Chinese cooperation in the formation of a new global power structure. The author illustrates the main elements of Russian-Chinese strategic partnership, including areas of cooperation, that were established in the 1990s, and areas which received a new impetus at the beginning of the 21st century. Furthermore, the author describes the policy of coordinating the actions of Russia and China in the international arena. In addition, the paper reviews the institutionalization of state institutes, economic, cultural and educational structures that make up the basis of Russia and China current strategic interaction in international affairs. In particular, the author pays attention to the issues of interbank and investment cooperation between Russia and China, including development of banking institutions through the BRICS system. The core argument of the paper is that that Russia and China, despite to the rapid development of globalization, have been able to retain the scale of their national economies and the specificity of cultures, demonstrating openness to a broad dialogue and constructive interaction within the framework of the global civilization. The author has come to the conclusion that the Russian-Chinese strategic partnership is based on compatible approaches to key issues of global development, political and economic pragmatism, and adherence to the basic principles of an equal dialogue of civilizations. This is an important factor to consider in the global development of the 21st century.
This is an Open Access article distributed under the terms of the Creative Commons Attribution-Noncommercial 4.0 Unported License, permitting all non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.
The problems of interaction between international organizations and universities correlate with a set of key problems in the theory of international relations because they are associated with the phenomena of globalization, regionalism, and multiculturalism. They also relate to the prospects for the influence of universal humanitarian and technological development ideas on the policies of individual countries and consolidated groups of states. The authors claim that the successful promotion of the European Union in harmonizing the common space of higher education and the demand for the European university model in other regions of the world, including in the post-Soviet space, is ruled by the combination of its universalism and tolerance with the concept of the diversity value in higher education.
The paper highlights the key aspects of the national policies of the world's leading countries and efforts taken by banks amid the COVID-19 pandemic, focusing on the peculiarities and advantages of the Chinese strategy for adjustment of the national banking system to the situation on financial markets as a result of the economic and social crisis triggered by the pandemic. The author concludes that the COVID-19 pandemic had a dual impact on the global financial world, causing an economic and social strain on the one hand and becoming an incentive for the accelerated development of Fintech, electronic banking services, creation of financial ecosystems on the other hand. Chinese banking institutions demonstrated a high level of stability, creativity and social responsibility under circumstances the global financial system had never faced before. China's successful experience in regulating and supporting banking activities during the fight against the COVID-19 pandemic shows that China's integration into the global economy has not led to the country's dependence on external factors. The author believes that China's experience in the sphere of banking business regulation and support, as well as efforts taken by the PRC's major banks amid the pandemic, is an example of an efficient model for transforming a critical situation into a platform for further growth and may be useful for the global financial community.
The article is devoted to forming new educational directions conditioned by the technological and institutional transformation of the global financial market in the 21st century. The modern digital economy puts forward new requirements for the competencies and professional ethics of specialists working in the investment sphere. The authors have identified the key factors determining the tasks of modernizing the training of financial analysts, bankers, and lawyers specializing in investment law. The problem concerns issues of digitalizing and globalizing investment flows, forming investment ecosystems, and expanding the participation of large financial businesses in educational projects. The authors conclude that global technological and socio-economic transformations stimulate the entire financial world, including Russia, to revise their business models, and the spheres of financial and specialized legal education – to actively modernize according to market requirements.
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