Research On The Financial Risk Sharing Game Of The "One Belt, One Road" International Supply Chain

The proposed "the Belt and Road" initiative makes the industries of countries along the routes develop towards economic integration.Upstream and downstream enterprises intermingle with each other and gradually develop into an international supply chain system.The development of the Belt and Road initiative brings the supply chain into a new phase of policy promotion.However,in the implementation process of "going out" strategy,enterprises are also facing various risks,especially in the international supply chain financial system.While giving full play to their industrial and economic advantages,deeply participating in the construction of " the Belt and Road " and enhancing the international operation ability of local enterprises,Chinese enterprises should also improve their ability to resist risks.Therefore,it is an important issue for Chinese enterprises to advocate the coordinated development of international supply chain finance,carrying out effective prevention and control of financial risks,and establish the risk sharing mechanism of international supply chain finance.Firstly,these briefly introduce the relevant theories of international supply chain financial risk and lay a theoretical foundation for the whole paper.Secondly,based on relevant theories and materials,these summarizes the concept of international supply chain finance and the causes and characteristics of international supply chain finance risks under the background of "the Belt and Road".These identify the risk of international supply chain finance and establish the risk assessment system of international supply chain finance.The risk is quantified by using AHP Grey Analysis method which combines qualitative and quantitative analysis.This model method determines the weight of each index in the risk evaluation index system,and overcomes the shortcomings of the traditional subjective evaluation method.Then,these uses the risk correction method to modify Shapley value model in cooperative game theory,which realizes the reasonable distribution of cooperative benefits among core enterprises,third-party logistics enterprises and commercial Banks participating in "the Belt and Road" international supply chain finance.On the premise of ensuring fairness,this is conducive to improving cooperation efficiency and establishing a fair and reasonable benefit distribution mechanism.Finally,an example is introduced to verify the result of risk correction,which shows that the method has good practical application effect.These provides a good theoretical and practical basis for the future "the Belt and Road" international supply chain finance to construct a reasonable profit distribution mechanism and promote its healthy development.