News / Asia

China Reassessing Economic Partnership with Ukraine

Ukraine's President Viktor Yanukovych (L) and Chinese President Xi Jinping attend a signing ceremony at the Great Hall of the People in Beijing, Dec. 5, 2013.
Ukraine's President Viktor Yanukovych (L) and Chinese President Xi Jinping attend a signing ceremony at the Great Hall of the People in Beijing, Dec. 5, 2013.
Shannon Van Sant
China's leaders are closely watching the political developments Ukraine, following the ouster of President Viktor Yanukovych.  The former leader angered the opposition when he rejected a trade deal with the European Union in favor of aid from Russia.  Now with a pro-West interim president, the tug of war between East and West over Ukraine continues, and China seems determined to stay out of the fray. 
 
FILE - Foreign Ministry spokeswoman Hua Chunying.FILE - Foreign Ministry spokeswoman Hua Chunying.
x
FILE - Foreign Ministry spokeswoman Hua Chunying.
FILE - Foreign Ministry spokeswoman Hua Chunying.
​Foreign Ministry spokesperson, Hua Chunying, says Beijing wants to establish a strategic partnership with Ukraine and work with the country bilaterally on economic aid.  

Investments
 
The cash-strapped nation will need an economic lifeline.  China pledged $8 billion in aid during former President Yanukovych’s visit to Beijing in December.  That was in addition to $10 billion China had previously invested in Ukraine.  
 
Ukraine has returned those favors with weapons and land deals favorable to China.  In 2012, Ukraine became the fourth-largest arms exporter in the world, with many of those exports going to China.  China’s first aircraft carrier, the Liaoning, was built in Ukraine.  
 
Last year, Ukraine agreed to lease 5 percent of its land to China to grow crops and raise pigs for sale to Chinese state-owned companies.  As part of that deal China promised to build highways and bridges in the country.  
 
Lessons learned

Bill Bishop, an analyst specializing in China affairs, says that while China watches the political upheaval in Ukraine for how it will effect its trade deals with the country, it may also be studying the Ukrainian revolution for another reason - to learn how to avoid similar protests at home. 
 
“The other lesson is very clear, which is that you need to have a very robust and strong security service," Bishop noted, "and you have to basically stamp out anything, the slightest little sprout that crops up you have to crush.”
 
Among other things, a weak economy and official corruption sparked protests in Ukraine. Chinese leaders have already vowed to bolster China’s economy and have launched a widespread crackdown on official corruption.  While those problems still persist in China, Bishop says the Ukrainian revolution may not inspire Chinese citizens to stage mass demonstrations.  He said China has allowed uncensored broadcast of the Ukrainian protests.
 
“So it’s been very interesting how they sort-of allow the coverage to go on and I think part of that is because Kyiv is a mess, and it looks like a mess and I think most Chinese people don’t want to live in a mess,” Bishop said.
 
Ukraine’s interim leadership has announced presidential elections will be held on May 25.

You May Like

Photogallery Pistorius Sentenced, Taken to Prison

Pistorius, convicted of culpable homicide in shooting death of girlfriend Reeva Steenkamp, will likely serve about 10 months of five-year sentence, before completing it under house arrest More

UN to Aid Central Africa in Polio Vaccinations

Synchronized vaccinations will be conducted after Cameroon reports a fifth case of the wild polio virus in its territory More

WHO: Ebola Vaccine May Be in Use by Jan.

WHO assistant director Dr. Marie Paule Kieny says clinical trials of Ebola vaccines are underway or planned in Europe, US and Africa More

This forum has been closed.
Comment Sorting
Comments
     
by: Arkan from: Vladivostok, Russia
February 25, 2014 12:10 PM
the truth here is that Russians and the Ukrainians have always look at the Chinese as stinking yellow apes. If you noticed, China's idiotic expansionist posture never applied to their North... but always South - trying to frighten into submission the People of the Philippines (which the American have already betrayed) and the Japanese (which do not trust the Americans in any event)

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
After Decades of Pressure, Luxembourg Drops Bank Secrecy Rulesi
X
October 21, 2014 12:20 AM
European Union finance ministers have reached a breakthrough agreement that will make it more difficult for tax cheats to hide their money. The new legislation, which had been blocked for years by countries with a reputation as tax havens, was approved last week after Luxembourg and Austria agreed to lift their vetoes. But as Mil Arcega reports, it doesn’t mean tax cheats have run out of places to keep their money hidden.
Video

Video After Decades of Pressure, Luxembourg Drops Bank Secrecy Rules

European Union finance ministers have reached a breakthrough agreement that will make it more difficult for tax cheats to hide their money. The new legislation, which had been blocked for years by countries with a reputation as tax havens, was approved last week after Luxembourg and Austria agreed to lift their vetoes. But as Mil Arcega reports, it doesn’t mean tax cheats have run out of places to keep their money hidden.
Video

Video Kobani Refugees Welcome, Turkey Criticizes, US Airdrop

Residents of Kobani in northern Syria have welcomed the airdrop of weapons, ammunition and medicine to Kurdish militia who are resisting the seizure of their city by Islamic State militants. The Turkish government, however, has criticized the operation. VOA’s Scott Bobb reports from southeastern Turkey, across the border from Kobani.
Video

Video China Political Meeting Seeks to Improve Rule of Law

China’s communist leaders will host a top level political meeting this week, called the Fourth Plenum, and for the first time in the party’s history, rule of law will be a key item on the agenda. Analysts and Chinese media reports say the meetings could see the approval of long-awaited measures aimed at giving courts more independence and include steps to enhance an already aggressive and high-reaching anti-corruption drive. VOA’s Bill Ide has more from Beijing.
Video

Video US ‘Death Cafes’ Put Focus on the Finale

In contemporary America, death usually is a topic to be avoided. But the growing “death café” movement encourages people to discuss their fears and desires about their final moments. VOA’s Jerome Socolovsky reports.
Video

Video Ebola Orphanage Opens in Sierra Leone

Sierra Leone's first Ebola orphanage has opened in the Kailahun district. Hundreds of children orphaned since the beginning of the Ebola outbreak face stigma and rejection with nobody to care for them. Adam Bailes reports for VOA about a new interim care center that's aimed at helping the growing number of children affected by Ebola.
Video

Video Young Nairobi Tech Innovator on 'Track' in Security Business

A 24-year-old technology innovator in Nairobi has invented a tracking device that monitors and secures cars. He has also come up with what he claims is the most robust audio-visual surveillance system yet. As Lenny Ruvaga reports from the Kenyan capital, his innovations are offering alternative security solutions.
Video

Video Latinas Converting to Islam for Identity, Structure

Latinos are one of the fastest growing groups in the Muslim religion. According to the Pew Research Center, about 6 percent of American Muslims are Latino. And a little more than half of new converts are female. VOA’s Carolyn Presutti travelled to Miami, Florida -- where two out of every three residents is Hispanic -- to learn more.
Video

Video Exclusive: American Joins Kurds' Anti-IS Fight

The United States and other Western nations have expressed alarm about their citizens joining Islamic State forces in Syria and Iraq. In a rare counterpoint to the phenomenon, an American has taken up arms with the militants' Syrian Kurdish opponents. Elizabeth Arrott has more in this exclusive profile by VOA Kurdish reporter Zana Omer in Ras al Ayn, Syria.
Video

Video South Korea Confronts Violence Within Military Ranks

Every able-bodied South Korean male between 18 and 35 must serve for 21 to 36 months in the country’s armed forces, depending upon the specific branch. For many, service is a rite of passage to manhood. But there are growing concerns that bullying and violence come along with the tradition. Reporter Jason Strother has more from Seoul.
Video

Video North Carolina Emerges as Key Election Battleground

U.S. congressional midterm elections will be held on November 4th and most political analysts give Republicans an excellent chance to win a majority in the U.S. Senate, which Democrats now control. So what are the issues driving voters in this congressional election year? VOA National Correspondent Jim Malone traveled to North Carolina, one of the most politically competitive states in the country, to find out.
Video

Video Comanche People Maintain Pride in Their Heritage

The Comanche (Indian nation) once were called the “Lords of the Plains,” with an empire that included half the land area of current day Texas, large parts of Oklahoma, New Mexico, Kansas and Colorado.The fierceness and battle prowess of these warriors on horseback delayed the settlement of most of West Texas for four decades. VOA’s Greg Flakus reports from Lawton, Oklahoma, that while their warrior days are over, the 15,000 members of the Comanche Nation remain a proud people.
Video

Video Turkey Campus Attacks Raise Islamic Radicalization Fears

Concerns are growing in Turkey of Islamic radicalization at some universities, after clashes between supporters of the jihadist group Islamic State (IS) or ISIS, and those opposed to the extremists. Pro-jihadist literature is on sale openly on the streets of Istanbul. Critics accuse the government of turning a blind eye to radicalism at home, while Kurds accuse the president of supporting IS - a charge strongly denied. Henry Ridgwell reports from London.

All About America

AppleAndroid