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Professor Cheng Liwei gave an introduction course for students in the School of Business and the School of Intellectual Property

publish date: April 11, 2022   clicks:

On the afternoon of April 8th, Professor Cheng Liwei from the School of Economics and Management at Dalian University of Technology, as well as his doctoral supervisor, gave the first introductory class of this semester to undergraduate students from the School of Business and the School of Intellectual Property in 2020 and 2021. The theme of the class was "The Impact of the Russia Ukraine War on the Future International Economic Pattern." The introductory class was presided over by Associate Professor Shi Dan, Director of the Department of Economics and Business.

Starting from the progress of the Russo Ukrainian War, Professor Cheng Liwei briefly outlines the timeline of the conflict and leads to the topic of "Western sanctions against Russia". Professor Cheng focused on analyzing the three key points and two characteristics of this round of financial sanctions, analyzing and interpreting the sanctions measures announced by countries or organizations such as the United States, the United Kingdom, the European Union, and Japan, as well as the economic significance behind the exit of international companies such as Accenture from the Russian market. Next, regarding the phenomenon of "US sanctions starting from the Savings Bank of the Russian Federation", this article uses teaching examples to vividly interpret the economic significance behind it for students. At the same time, it deeply analyzes the impact of Western countries' "removing selected Russian companies from SWIFT" sanctions on Russia, Europe, and even global systemic financial security. Finally, Professor Cheng summarized Russia's counterattack sanctions and analyzed the short-term impact of the Russia Ukraine war on the world economy and China's economy, guiding students to think together about the enlightenment that Western sanctions against Russia will bring to China's economy and industrial security.

In this introduction class, Professor Cheng Liwei extensively and meticulously expanded and provided in-depth explanations on economic knowledge around the major theme of "The Russia Ukraine War on the Future International Economic Pattern". The content was substantial and thought-provoking. I believe that this introductory class can help students further clarify their interests. The School of Business and the School of Intellectual Property will be committed to building a broad and multi-level platform for students, helping them achieve comprehensive development.


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