Abstract
Based on China’s FDI and import and export trade data with Central Asian countries from 2011 to 2019, this article studies whether and how China’s investment in Central Asian countries affects import and export trade. The analysis methods of this article include descriptive statistics and empirical analysis, which are used to describe the relationship and trend of China’s FDI to Central Asian countries and import and export trade. In the empirical analysis, this paper chooses the panel data linear regression model. Through regression analysis of FDI-import and FDI-export, we test the impact of China’s FDI changes in Central Asian countries on import and export trade. The research results show that China’s FDI to Central Asian countries has a significant trade promotion effect on import and export trade, and the growth of China’s FDI to Central Asian countries will effectively drive the growth of import and export trade. China’s FDI in Kazakhstan and Uzbekistan has a strong trade creation effect. China’s FDI in Kyrgyzstan and Tajikistan has a strong trade substitution effect. China should strengthen economic and trade cooperation with Central Asian countries and expand the scale of FDI. Each country should reduce trade barriers, expand investment fields, and provide favorable policy support for expanding the scale of FDI.
Highlights
As a major foreign investment country and a major foreign trade country in the world, the impact of China's FDI changes on import and export trade has attracted much attention
The research results show that China's FDI to Central Asian countries has a significant trade promotion effect on import and export trade, and the growth of China's FDI to Central Asian countries will effectively drive the growth of import and export trade
From the perspective of the foreign trade effect of FDI, this paper studies the extent of China's FDI in Central Asian countries' impact on import and export trade
Summary
As a major foreign investment country and a major foreign trade country in the world, the impact of China's FDI changes on import and export trade has attracted much attention. After the COVID-19, as the global economy recovers, the scale of investment and trade between China and Central Asian countries will further expand. This will promote the economic development of all parties, and help strengthen the trade cooperation between China and Central Asian countries. Zhang Lingzhi Research on Import and Export Trade Based on China's FDI to Central Asian Countries the factors that promote economic growth, FDI and import and export trade are both very important. Whether FDI can drive import and export trade, and how much it can drive, is very necessary to promote the economic growth of China and Central Asian countries. This article judges the effect of FDI on import and export trade through the elastic coefficient of FDI's influence on import and export trade, and draws credible conclusions
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