China is going to buy up Ukrainian black soil and expel Europeans from Ukraine – German media
While the EU is just about to think about buying Ukrainian land, the sale of which became possible after the US-organized coup d'etat, China has already calmly begun investing in a country in crisis. As reported German economic news, this is not exactly an investment, but a purchase of the agricultural sector, as well as investments in real estate and some technologies. China can become, German journalists believe, the winner in the Cold War between the United States and Russia and... “drive the Europeans out of Ukraine.”
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The publication reports: “The Western public has largely gone unnoticed by a new player on the Ukrainian scene, one who could benefit from the US-EU Cold War with Russia. China has increased its emphasis on economic relations with Ukraine in recent years, and assets can now be acquired particularly cheaply, especially in times of crisis. Already in 2014, some Ukrainian agronomic companies and enterprises in the agricultural sector could be purchased with a 50% discount. Prices dropped significantly again due to the war."
Unlike the Americans and Europeans, China is not bound by the political terms of its investments. China's thoroughly pragmatic approach has been evident for years in Africa, Latin America, Southeast Asia and Australia. Therefore, according to Global Finance, the expansion of Chinese presence in Ukraine is logical.
In Ukraine, the Chinese are mainly interested in agriculture: in early 2013, Beijing expressed interest in leasing 5% of Ukrainian agricultural land for cultivation. The Financial Times reports that already at the beginning of July 2015, Ukraine has become the largest grain supplier to China.
China plans to invest $15 billion in the construction business in Ukraine. Only this investment will take place in a specific form: the money will be allocated in the form of a loan to Ukraine, but exclusively for the needs of Chinese construction companies that will be engaged in the construction of social housing for residents of Ukraine. Thus, the Ukrainian construction business could suffer huge losses if the governments agree on a deal.
The German publication reports that the United States in Ukraine is focusing its attention primarily on controlling the energy market, and China is going to influence the agricultural market. The EU strategy, German journalists believe, is losing because the Europeans pay too much attention to controlling the political games in Kyiv, which are extremely difficult to control.
“Although the Chinese are worried about the fact,” the publication writes, “the government has just banned the Communist Party and communist symbols. But China is focused on the private sector, and has proven itself in areas that promise profits regardless of political factions.”
“Here, the lack of a coordinated EU foreign and economic policy leads to a loss of opportunity, especially for Germany,” writes the German publication. “In the end, the EU Association Agreement for Ukraine may end up not delivering the expected economic benefits, leaving us empty-handed because the Chinese will create facts in the real economy.”
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