China aims to participate in the post-war reconstruction of Ukraine, according to the China International Development Cooperation Agency. Spokesperson Li Ming stated that this assistance would align with the wishes of involved parties. With an estimated recovery cost of US$524 billion, China’s role could be significant in Ukraine’s rebuilding process.
China has expressed its desire to be involved in the post-war reconstruction of Ukraine, according to an announcement made by the China International Development Cooperation Agency. Li Ming, a spokesperson for the agency, stated that China aims to assist in the recovery efforts “in accordance with the wishes of the parties” involved. This statement reflects Beijing’s commitment to support Ukraine’s rebuilding process as part of its foreign aid initiatives.
Li Ming emphasized that China is ready to provide assistance to the best of its ability and is keen on participating in Ukraine’s future reconstruction. This response indicates China’s growing interest in international cooperation following the ongoing conflict. The remarks align with those made by Ukrainian President Volodymyr Zelensky, who previously acknowledged that China could play a significant role in peace and reconstruction efforts after the war.
Estimates suggest that the cost of recovery and reconstruction in Ukraine could reach approximately US$524 billion over the next decade. To date, Kyiv, with the help of international allies and the private sector, has allocated US$13 billion towards these recovery efforts, as highlighted in a joint report by the Ukrainian government, the World Bank Group, the European Commission, and the United Nations.
In summary, China’s intention to participate in Ukraine’s post-war reconstruction signifies a potential shift in international relations amid the conflict. With financial estimates for recovery projecting significant costs, China’s involvement could provide much-needed assistance to Ukraine. The collaboration reflects Ukraine’s openness to diverse international partnerships in rebuilding its nation.
Original Source: www.scmp.com