Analysis of China’s Foreign Trade in an Era of economic Uncertainty

Abstract

In recent years, economic uncertainty jumped in reaction to Brexit, the U.S. presidential election, China-U.S. trade-tensions, the Covid-19 pandemic, and the Russia-Ukraine conflict, with most indicators reaching their highest values on record. In particular, the Covid-19 pandemic has wreaked havoc on a country’s foreign trade, which is a main component of its economic development. This article focuses on the trends of China’s foreign trade under economic uncertainty. In this article, the authors identified the definition of foreign trade activity and the concept of Economic uncertainty, analyzed the impacts of Covid-19 on China’s foreign trade, and pointed out the possible directions and ways to achieve healthy foreign trade development