Восточная Азия: факты и аналитика (Jul 2023)

The influence of the economic policy uncertainty on investment in China and Russia

  • Xiang Yiyuan

DOI
https://doi.org/10.24412/2686-7702-2023-2-17-29
Journal volume & issue
no. 2
pp. 17 – 29

Abstract

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The article explores the influence of the economic policy uncertainty on investment decisions in China and Russia. Both countries are important actors in the global economy and attract significant amounts of foreign investment. However, uncertainty in the economic policy can influence the decision of investors. The author explores various factors that can create uncertainty in the economic policies of both countries, including changes in tax regulation, monetary policy, legal system and trade relations. The article also analyzes the impact of such uncertainty on investment, including reduced investor confidence, increased risks and difficulties in long-term planning. The author highlights the features of China and Russia’s economic policy, assesses the level of uncertainty faced by investors, and analyzes the response of the investment community to such uncertainty. The role of government in removing or reducing economic policy uncertainty and stimulating investment is also considered. The study is based on an analysis of economic data, statistical indicators and previous studies in this field. The article's findings and conclusions provide practical suggestions and recommendations for improving the investment climate in China and Russia, including measures aimed at reducing uncertainty and increasing attractiveness to foreign investors.

Keywords