The Impact Of Chinese FDI On Russiain Economic Growth Under One Belt-One Road Initiative

The expansion and deepening of Russia's partnership and strategic cooperation with China is one of the priorities and long-term directions of the Russian policy.The relevance of the problem of the development of Russian-Chinese investment cooperation is primarily due to the need to find alternative sources of investment for the development of the Russian economy under the sanctions regime.The impact of the volume of direct investment inflows and trade balance between Russia and China.The research analyzes the context of the One Belt – One Road Initiative.The study emphasize the characteristics of the initiative,study the positive prospects of Russian-Chinese cooperation associated with the initiative.This initiative is one of the principles of globalization,it is one of the reasons for the choice of this project.Using the example of this project,an analysis of stakeholders was carried out,as well as the importance of the One Belt-One Road Initiative between China and Russia.The political relations between Russia and China and their impact on the project were evaluated.The study emphasizes the need to analyze the investment climate and direct investment as part of Russia's economic growth.This study used theoretical and methodological approaches and the econometric model to assess the impact of foreign direct investment on the economic growth.Speaking of the theoretical component,the concept of 'Foreign Direct Investment','Gross Domestic Product',' Trade of Balance' and their determinants.The main Chinese investment projects in Russia and the economic activity of the two countries were also presented.In addition,the theoretical Chapter describes the methodology of financial institutions to assist in the management and development of Chinese investment projects,as well as the financial institutions of the One Belt-One Road Initiative project.The next step was the analysis of the impact of the inflow of Chinese FDI on the Russian GDP in the framework of the One Belt-One Road Initiative.The analysis of the foreign direct investment inflows from Hong Kong(China),Macau(China)was held.This criterion is novel in the analysis of the impact of FDI inflows on Russia's economic growth,within the framework of the period when the One Belt-One Road Initiative started.The criterion helped to understand how the financial institutions of the project 'One Belt-One Road' finance the project.The next stage was an analysis of the impact of Chinese FDI inflows on Russian trade of balance at a time when the One Belt-One Road Initiative began.This paper used a regression method of statistical data analysis from 2010 to 2018(quarterly),which includes the period when the One Belt-One Road Initiative began.At the end of the study,the forecast of the inflow of foreign direct investment from China to Russia was carried out.As a result,on the basis of theoretical knowledge and analytical information obtained in the course of the thesis,within the framework of the One Belt-One Road Initiative and the impact of this project and FDI Inflows on Russian economic growth,conclusions and proposals for the study of this topic were forme d.In addition,the theoretical basis of this thesis and the system of comprehensive analysis of the One Belt-One Road Initiative and the impact of this project and FDI inflows on Russian economic growth can serve as the basis for further study and analysis.