- PII
- S0321-50750000616-3-
- DOI
- 10.31857/S50000616-3-1
- Publication type
- Article
- Status
- Published
- Authors
- Volume/ Edition
- Volume / Issue №8
- Pages
- 24-30
- Abstract
- In this article, the bilateral cooperation in the finance sphere is addressed in historical retrospective, with identification of the most important periods in building the financial cooperation and thereof typical forms of settlements. Emphasizing the fact that such complex sphere of inter-state cooperation cannot develop without a proper state-and-law support, the author offers the analysis of the major bilateral agreements and treaties in the finance sphere.The further analysis is focused on the specifics of the “infrastructure” of the Russia-China financial cooperation, which includes opening of Russian and Chinese banks’ branches respectively in the PRC and RF, as well as the specifics of the Chinese payment system introduction and functioning in Russia, with description of the role being played by Chinese yuan in the regional economy of the Russian Far East.While recording the certain successes, the author also notes that in 2015 cooperation between the Chinese and Russian banks has been tangibly more complicated as the Western countries have imposed sanctions on Russia, although not supported officially by the PRC Government.In conclusion, the author offers a number of vectors for activities, which, in her view, would activate the financial cooperation of the two countries.
- Keywords
- Russia, China, cooperation in finance sphere, Chinese payment system, yuan
- Date of publication
- 01.08.2016
- Number of purchasers
- 1
- Views
- 1348
RAS History & PhilologyAsia and Africa Today
- ISSN (Print) 0321-5075
- ISSN (Online)2782-2389
RUSSIAN-CHINESE COOPERATION IN FINANCIAL AND BANKING SPHERES
Индексирование
Scopus
Crossref
Higher Attestation Commission
At the Ministry of Education and Science of the Russian Federation
Scientific Electronic Library