Jul 5, 2009

China invests in Ukraine and saves soccer?

According to Pani Yulia's blog, the Chinese government will give the Ukrainian government about $3 million in assistance for the development of technical and economic projects. What's the catch? Says Vice-Chairman of the National Committee of the Chinese People's Political Consultative Conference Wang Gang:

The Chinese government has approved a decision to provide the Ukrainian government with 25 million yuan in assistance. This money can be used for technical and economic projects that both sides agree on.

Gang also noted future bilateral cooperation may include high technology, military equipment, and infrastructure development as part of preparations for the Euro-2012 Soccer Championship.

If China masters investing in Ukraine and saves the Euro-2012, I think it's fair to say they will most certainly rule the world in years to come.

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