Chinese central bank to replace IMF in Ukraine

[beijingwalker]

Chinese central bank to replace IMF in Ukraine

Published 21 November 2011 - Updated 23 November 2011
Ukraine is set to rely on Chinese funds after Kyiv surprisingly announced it was turning away from the International Monetary Fund (IMF) to help finance its struggling economy.

The Central Bank of China has offered a credit line to Ukraine, the Ukrainian daily Kommersant reported today (21 November).

The announcement comes after the IMF published on 18 November a report on the implementation of the stand-by agreement with Ukraine, deploring a lack of political will from Kyiv (see background).

The IMF said that the stand-by programme initiated for Ukraine in 2008 had brought short-term positive results, but not the broader improvement of the economic situation it had expected.

"Progress [in structural reforms] hasn't been as fast as we would like it to be," Max Alier, the IMF's resident representative in Ukraine said recently, quoted by the Kyiv Post.

Ukraine next year will face considerable challenges related to the worsening global economic situation, which will make GDP growth slow to 3.5% from this year's 5%, Alier said.

He also said the country needs to maintain its attractiveness to investors as it requires large external injections of capital.

China has already provided credits to Belarus, another former Soviet country.

Ukraine has the best former Soviet Union's weapon scientitsts.they help China a lot during last decade in China's military modernization process.now it is time to save a friend.

 

[Determined Tiger]

but there are not much Chinese in Ukraine but vietnamese, also the Ukrainian views the Chinese not too friendly as I have observed!!!

 

[Viva_Viet]

but there are not much Chinese in Ukraine but vietnamese, also the Ukrainian views the Chinese not too friendly as I have observed!!!

Thanks for knowing that , VN was one of the best Soviet allies , so no supprise if having lots of Vietnamese- Ukrainian living there , and we will help Ukraine to counter CHina invasion .

In independent Ukraine
In 2007, the Vietnamese minority in Kharkiv built the largest Buddhist temple in Europe on a 1 hectare plot with a monument to Ho Chi Minh.[11]

http://en.wikipedia.org/wiki/Kharkiv

 

[Determined Tiger]

Thanks for knowing that , VN was one of the best Soviet allies , so no supprise if having lots of Vietnamese- Ukrainian living there , and we will help Ukraine to counter CHina invasion .

I feel like that @$$ is guarding here 24/24 and causing it to reply to any new comments here within a minutes!?

holly ****, damn it, I really feel disgusted by that @$$!!!

......but anyways, who prefer to talk to DUMB THICK FACE @$$ troll!!!!!!!!!!!!?????????????

Cheap fool!!!!!!

 

[Viva_Viet]

I feel like that @$$ is guarding here 24/24 and causing it to reply to any new comments here within a minutes!?

holly ****, damn it, I really feel disgusted by that @$$!!!

......but anyways, who prefer to talk to DUMB THICK FACE @$$ troll!!!!!!!!!!!!?????????????

Cheap fool!!!!!!

I just wanna help an Chinese @$$ kisser like you to realise who is more powerful Asian ethnic in ASEAN and in former Soviet region only

 

[Huan]

Thanks for knowing that , VN was one of the best Soviet allies , so no supprise if having lots of Vietnamese- Ukrainian living there , and we will help Ukraine to counter CHina invasion .

Kharkiv - Wikipedia, the free encyclopedia

Everything about China is a threat to you. lol

 

[ChineseTiger1986]

but there are not much Chinese in Ukraine but vietnamese, also the Ukrainian views the Chinese not too friendly as I have observed!!!

It doesn't really matter, since their govt needs China.

 

[gpit]

Thanks for knowing that , VN was one of the best Soviet allies , so no supprise if having lots of Vietnamese- Ukrainian living there , and we will help Ukraine to counter CHina invasion .

Kharkiv - Wikipedia, the free encyclopedia

Vietnamese are more than welcome to work in Ukraine for the Chinese bank.

 

[kawaraj]

I find this Vietnamese member as bugging as that Korean *****.

Stay on the topic, Viet! if you want off topic high, go somewhere else.

 

[applesauce]

Thanks for knowing that , VN was one of the best Soviet allies

...what do you want? a pat on the head from ur soviet master?

 

[Götterdämmerung]

Thanks for knowing that , VN was one of the best Soviet allies , so no supprise if having lots of Vietnamese- Ukrainian living there , and we will help Ukraine to counter CHina invasion .

Kharkiv - Wikipedia, the free encyclopedia

Vietnamese were contract workers during the Soviet era to pay off their country's debt and were treated like slaves. Many of them applied asylum status after the fall of the Soviet telling lies how they were politically persecuted in Vietnam in order to stay in Europe.

In the former East Germany they are called Vietji (pronounced like Fidji) and are well known to sell smuggled cigarettes from Eastern Europe and other illegal activities.

 

[gagaga]

but there are not much Chinese in Ukraine but vietnamese, also the Ukrainian views the Chinese not too friendly as I have observed!!!

You observe that in the US???

 

[ChinaToday]

I find this Vietnamese member as bugging as that Korean *****.

Stay on the topic, Viet! if you want off topic high, go somewhere else.

These viet trolls will derail every thread till they get ban then come back with an other ID

 

[Viva_Viet]

I find this Vietnamese member as bugging as that Korean *****.

Stay on the topic, Viet! if you want off topic high, go somewhere else.

These viet trolls will derail every thread till they get ban then come back with an other ID

But Determined Tiger say something about VN in Ukraine first , why don't you blame him instead ??

Vietnamese were contract workers during the Soviet era to pay off their country's debt and were treated like slaves. Many of them applied asylum status after the fall of the Soviet telling lies how they were politically persecuted in Vietnam in order to stay in Europe.

In the former East Germany they are called Vietji (pronounced like Fidji) and are well known to sell smuggled cigarettes from Eastern Europe and other illegal activities.

Many VNese came to study too , but their families were so poor , so their tried to sell something to earn the living cost.

 

[InFn-0]

The IMF was responsible for causing hyperinflation in Ukraine many times in the past, no wonder they are taking some steps now.