Last year trade between Ukraine and China was up 15%, compared with 2016. Today China is one of the top 5 Ukraine's main trading partners.
Data from the State Statistics Service of Ukraine show that export from Ukraine to China increased by 11% to $2.039 billion. Specifically, this country exports iron ore, grain and foodstuffs to China. As if to rub salt in the wound, however, China's 2017 trade surplus with Ukraine was $3.608 billion.
According to Nomi Prins, American journalist and public speaker, China continued to stockpile gold in its quest to diversify against the dollar in 2017. China's Gold Bar Demand rose by more than 40%. It is worth noting too that China leads the world in investment in renewable energy projects with an estimated $32 billion spent overseas.
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