By Frank Fang
From the article:
Ukraine and China have increased partnerships in recent years, as the former is badly in need of cash to bolster its infrastructure, while the latter wants to get its hands on Ukrainian technologies.
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According to a Sept. 2 article by The Bohr Times, a regional newspaper in Ukraine, the country’s public debt stood at $75.71 billion as of July 31. Its direct external debt stood at $37.51 billion.
It isn’t known precisely how much of Ukraine debt is owed to China, but according to a policy paper issued by the Center for Global Development, a Washington D.C.-based think tank, in March, Ukraine’s debt to China stood at $1.59 billion as of the end of 2016.
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