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COVID-19's short-term local influence on China's external economy and its overall controllability

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DOI: 10.23977/infse.2021.020103 | Downloads: 0 | Views: 147

Author(s)

Min Gao 1

Affiliation(s)

1 Jilin University of Finance and Economics, Changchun 130022, China

Corresponding Author

Min Gao

ABSTRACT

The COVID-19 outbroke in the special period near the end of 2019 in the special period of the new year, this paper estimates the impact of the epidemic on the foreign economic trend in the short and long term from the structural level of China's current statistics, and puts forward new ideas through analyzing the risk management of transaction. Finally, the paper puts forward the measures that should be taken in the face of the epidemic, and strive to make due contributions to the realization of the national anti epidemic.

KEYWORDS

COVID-19, import and export trade, balance of payments, exchange rate rationale, RMB devaluation, transactions exposure management

CITE THIS PAPER

Min Gao. COVID-19's short-term local influence on China's external economy and its overall controllability. Information Systems and Economics (2021) 2: 11-21. DOI: http://dx.doi.org/10.23977/infse.2021.020103

REFERENCES

[1] Wang Xiaosong. The impact of the epidemic on China's foreign economic exchanges. [J]. Employment of Chinese College Students, 2020.
[2] Zhang kaihuang, qianqinglan. The impact of the new crown epidemic on China's economy and policy discussion: evidence from Listed Companies. [J]. Tropical geography, 2020.
[3] Kong Jinyuan. Impact of COVID-19 pneumonia on domestic and foreign oil markets. [J]. Petroleum Planning and design, 2020.
[4] Wang Yonggui, Gao Jia. Impact of new crown epidemic, economic resilience and high quality development in China. [J]. Economic management, 2020.

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