Subject The article discusses trends in the development and international cooperation of Russia, China, USA and EU. We forecast the priority in the international cooperation of the above countries. Objectives The research identifies aspects for the international cooperation of Russia and China, USA and EU in the long-term horizon. Methods The research is based on a systems approach and elements of graphic and factor analysis. Results Having evaluated the trends in development indicators of Russia, China, USA and EU through the straight line approximation by the least squares method within 2000–2016 (and onward up to 2020), we captured high positive growth rates, low negative skewness, and high correlation coefficient. Having estimated the trends in industrial development indicators in line with a polynomial trend, rank correlation coefficients of Spearman, Kendall and cross-correlation coefficient, we found favorable pairs of international cooperation. Conclusions and Relevance The Chinese economy take the lead in terms of development indicators within the period from 2000–2016 and onward to 2020, while the U.S. lags behind. China and the USA, Russia and USA are often opposite. Russia and China are expected to succeed in their productive cooperation in the future, while Russia and the EU may reach positive cooperation results in the short run. The Russian–Chinese cooperation will shape the global economy, gradually squeezing out the USA and EU from the leadership positions. The findings may prove useful to form the strategy for choosing the beneficial international cooperation and regulatory approach to foreign trade in the new economic reality.
Keywords: development indicators, international cooperation, industry, growth rate
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