Abstract:

The growing importance of economic factors in the foreign policy of states and the transfer of rivalry from the military to the economic plane has shaped a new category known as geoeconomics. The geoeconomic approach, without giving up such elements as: geography, history, political science, sociology, cultural studies, draws attention to the dominant role of the economy in the modern world and the related need to move to the geoeconomic model of describing the spatial diversity of the modern world. The purpose of the study is to make a geoeconomic assessment of the US and China as well as mutual economic relations between these countries. These assessments will be prepared using methods of analysis using statistical tools, including descriptive statistics, and analysis of available scientific studies and substantive sources of information.