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Why Ukraine is not interested in Chinese investment?

Author : Vyacheslav Lysenko

We tightened the rules for obtaining a visa for the Chinese, although officials say we only made it easier, we grow corruption, we multiply the bureaucracy. So welcome, our Chinese investors!
22:37, 27 March 2019

Presidential Administration press office

Guess the amount of Chinese investment in Ukraine. It is 7 billion dollars for 27 years.

And in 2018, we received a fantastic 85 million from China.

With that, we have every chance to receive tens of billions. I will explain why.

The Chinese have begun to invest less willingly in the Western world and to be more precise, in Europe and North America. Here is China’s foreign direct investment in figures:

in 2018 - 30 billion dollars;

in 2017 —111 billion dollars;

in 2016 - 94 billion dollars.

Besides, China has almost stopped investing in the U.S. at all. After the beginning of the "trade war" investment in this country decreased by almost 85%:

2016 - 45.63 billion dollars;

2017 - 29 billion;

2018 - 5 billion

China also gradually reduces investment in the Russian economy, however, this is its neighbor and a strategically important partner. The investment has already decreased by a third since 2017.

Although at the same time, the volume of all Chinese direct investments abroad in 2018, on the contrary, increased by 4.2% compared with the previous year - $ 130 billion.

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Today, the Chinese investor is extremely interested in countries with great undisclosed potential. For example, in 2017, China invested an unprecedented $ 10 billion in Iran.

It has been actively investing in Kazakhstan since 2017: today the total number of Kazakhstan-China investment projects is 51, and the total investment is estimated at over $ 27 billion.

Plus, by the end of this year, it is planned to complete 11 more projects with investments of more than 4.4 billion dollars.

A country with favorable geolocation, a large and undisclosed potential and in the search for new economic partners. Here it is - this is Ukraine!

But we get 85 million, while other governments operate with billions of investments.

And another thing is insulting. The fact that some representatives of the government continue to do everything as much as possible (consciously or accidentally) so that the situation does not improve.

We tightened the rules for obtaining a visa for the Chinese, although in the words of the officials we only made it easier, we grow corruption, we multiply the bureaucracy. So welcome, our investors!

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