Assessment and forecasting of the financial stability of enterprises in the framework of Russian-Chinese cooperation

After the reduction of imports to Russia from the EU countries, China became the main supplier for the country. It is important to assess how an increased trade turnover can affect within the framework of close cooperation. Is Russia able to increase its own production under these conditions and how financially stable are the enterprises of Russia and China. Trade and economic relations are key in relations between the two countries. Russia and China support each other's economy through trade, which is growing from year to year. Accordingly, it is important to evaluate this indicator, how much it has increased or decreased. Financial stability is of great importance for the efficient and safe operation of an enterprise. In the conditions of the external environment, financial stability prevails over the financial result, acting as a guarantor of long-term functioning. The basis of the economy in the country is financial stability, so it is important to know not only financial stability in Russia, but also with the main trade and economic partner of the country. Ensuring a stable financial position of enterprises will increase their own production, without attracting borrowed capital, improve the quality, range and profitability of enterprises. Business transnationalization is one of the fundamental factors that must be considered within the framework of enterprise sustainability. China is one of the leading countries in terms of business transnationality, but it cannot be argued that this has a favorable effect on its financial stability

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