China has announced its intention to aid in Ukraine’s post-war reconstruction according to the wishes of the involved parties, following remarks from President Zelensky. The estimated recovery cost is $524 billion, with Ukraine having already allocated $13 billion toward this effort.

China has expressed its willingness to participate in the post-war reconstruction efforts in Ukraine. A representative from the China International Development Cooperation Agency, Li Ming, stated that their involvement would be aligned with the desires of the involved parties. He emphasized that China aims to assist as much as possible in Ukraine’s recovery.

Li’s comments come in response to a remark from Ukrainian President Volodymyr Zelensky, who noted the potential for Chinese assistance in rebuilding efforts, particularly on the three-year anniversary of the Russian invasion. The overall estimated cost for Ukraine’s recovery over the next ten years amounts to approximately $524 billion.

As reported by a coalition of the Ukrainian government, the World Bank Group, the European Commission, and the United Nations, Kyiv has committed $13 billion thus far to address immediate recovery needs while seeking support from international partners and the private sector.

China aims to play a significant role in Ukraine’s post-war reconstruction by providing aid in alignment with the wishes of the involved parties. This potential collaboration comes amid vast recovery needs, estimated at $524 billion over the next decade, with the Ukrainian government already investing $13 billion for immediate recovery efforts. Such involvement could reflect growing international engagement in Ukraine’s recovery.

Original Source: www.scmp.com

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