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A Review of Risk Management Research on Cross-border E-commerce in China in the Context of the COVID-19

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DOI: 10.23977/ferm.2023.060104 | Downloads: 16 | Views: 432

Author(s)

Zichun Yuan 1

Affiliation(s)

1 School of Finance, Jiangxi Normal Universtiy, Nanchang, Jiangxi, 330022, China

Corresponding Author

Zichun Yuan

ABSTRACT

The COVID-19 has continuously transformed the world situation, and the uncertainty and instability factors facing the development of China's foreign trade have increased significantly. The COVID-19 is a challenge and an opportunity for the cross-border e-commerce industry. The 14th Five-Year Plan for the High-Quality Development of Foreign Trade proposes to continuously improve the institutional mechanism for preventing and resolving major risks, and significantly enhance the emergency response capacity of public emergencies, which is an important guarantee for the survival and development of enterprises and the sustainable realization of value-added. Therefore, how to actively respond to the risks arising from dynamic environmental changes and improve the risk management system has become a key issue for cross-border e-commerce enterprises today. This paper compares the risks faced under the crossborder e-commerce in the context of the COVID-19, risk management evaluation methods and principles of risk management index system construction, as well as relevant literature on the relationship between dynamic capabilities and risk management, summarizes and refines the achievements and shortcomings of current research, and provides an outlook on future research directions, with a view to enriching existing research results and providing references for related research fields.

KEYWORDS

Cross-border e-commerce, Risk management, The COVID-19, Dynamic capabilities

CITE THIS PAPER

Zichun Yuan, A Review of Risk Management Research on Cross-border E-commerce in China in the Context of the COVID-19. Financial Engineering and Risk Management (2023) Vol. 6: 20-26. DOI: http://dx.doi.org/10.23977/ferm.2023.060104.

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