China’s economic development and its impact on Sino-Russian cooperation in the post-pandemic period

Abstract

In the context of pandemic of the new coronavirus COVID-19, which swept the world in 2020, when the world economy was in recession, the Chinese economy, meanwhile, withstood pressure and showed high resilience and greater viability and became the first economy in the world to resume positive growth. A number of effective measures to combat the pandemic and socio-economic development policies contributed to the sustainable recovery of the China's economy. In 2020, despite many adverse factors, the Sino-Russian trade and economic cooperation as a whole maintained stable development with a slight decrease in trade volumes. Pragmatic cooperation between China and Russia has played a positive role in combating the negative impact of the pandemic.