Foreign direct investment (FDI) in mainland China’s economy in January-April fell 27.9% year-on-year to 360.2 billion yuan ($49.7 billion), according to the country’s Ministry of Commerce.
That included 58.5 billion yuan in FDI last month, the lowest since November. The figure fell 36% year-over-year and 32% month-over-month.
In January-April, about 12.7% of total investment was in the PRC’s high-tech sector.
As reported, FDI in 2023 fell 8% to 1.13 trillion yuan.
Experts Club Analytical Center and Maxim Urakin released a video analysis of how the GDP of the world’s countries has changed in recent years, more video analysis is available here – https://youtu.be/w5fF_GYyrIc?si=BsZmIUERHSBJrO_3.
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CHINA, EXPERTS CLUB, GDP, INVESTMENT, MACROECONOMICS, URAKIN
Ukraine is negotiating to maximise possible imports of electricity from European Union countries to compensate for the generation capacity destroyed by the Russian attacks, Ukrainian energy minister said on Friday.
Russian missile and drone attacks on Ukraine’s energy sector have intensified since March, resulting in significant damage and blackouts in many regions.
The attacks have caused more than $1 billion of damage to the sector, leading to the loss of 8,000 MWh of generating capacity from the energy system, the government says.
Currently, Ukraine can import from the EU states no more than 1,700 Mwh of electricity simultaneously.
“We’re negotiating. Our task is to maximise this figure,” Energy Minister German Galushchenko told parliament.
“Technically, we can receive (import) more than 2,000 Mwh, even 2,400 Mwh. I’m sure a decision will be made,” he added.
Volodymyr Kudrytskiy, the head of Ukraine’s national power grid operator Ukrenergo, told Ukraine’s Telegraf that 1,700 Mwh is “the ceiling for now”.
“Everything will depend on how quickly our European colleagues – energy system operators of neighbouring countries – will be able to implement projects to expand the capacity of their grids,” Kudrytskiy said.
He said that European grid companies need time and money to reinforce some of their substations, install additional transformers or build new transmission lines.
“We think 3,500 to 4,000 Mwh of interstate interconnector capacity is something we can have in the horizon of five years,” Kudrytskiy noted.
IMPORTS
Energy minister Galushchenko did not say exactly how much imports are being discussed now, but Maxim Timchenko, the head of Ukraine’s largest private energy company, DTEK, said earlier this month that an increase to 2,200 Mwh could significantly improve the situation.
DTEK has lost about 90% of its power generation capacity due to Russian missile attacks in recent months.
DTEK data showed that Ukraine consumed around 13,000 Mwh before the attacks as of March 17 but after a series of Russian attacks on the energy system, consumption fell to 9,100 Mwh.
Due to power shortages, Ukrainian power grid operator Ukrenergo has been forced to introduce regular shutdowns of industrial consumers and households and maintain high import rates.
Problems with power generation can have a “potentially negative impact” on industry, especially the largest electricity consumers, the economy ministry said this week.
The start of the Ukrainian Embassy in Mauritania will be a new page of Ukrainian-Mauritanian relations and will open many additional opportunities: political, economic, trade, humanitarian, said Ukrainian Foreign Minister Dmytro Kuleba.
“Raised the Ukrainian flag in Mauritania. In the Mauritanian capital Nouakchott, the Ukrainian embassy officially started its work. We continue to expand our presence and strengthen our position in Africa,” – wrote Kuleba in Instagram.
The Minister noted that Mauritania is an important country for Ukraine. In particular, because Mauritania now chairs the African Union, the continent’s key international organization with 55 member states.
“Secondly, it is a promising trade partner for Ukraine, the volume of trade turnover and its nomenclature can be significantly expanded. Thirdly, Mauritania is important in the context of international anti-terrorist efforts in the Sahel region. Ukrainian experience in the field of security here can have a great demand,” Kuleba pointed out.
At the same time, he emphasized that trade between the two countries gradually grew before the full-scale war, but political relations hardly developed.
“Last year we changed this trend. I had the first telephone conversation in the history of bilateral relations and then a face-to-face meeting with my Mauritanian counterpart. Regular contacts between our agencies began. The start of the Embassy will be a new page of Ukrainian-Mauritanian relations and will open a lot of additional opportunities: political, economic, trade, humanitarian,” – wrote the head of the Ministry of Foreign Affairs.
The number of road accidents caused by children has increased 1.4 times
Almost 6.5 thousand road accidents with victims were recorded in Ukraine in 4 months of 2024, according to the Patrol Police Department (PPD). This is 6% more than in the same period in 2023. 813 people died in these accidents. There has also been a significant increase in the number of road accidents involving children – 1.4 times this year. Most of these accidents occurred in the Lviv region.
6475 road accidents with victims were recorded in Ukraine in the first four months of 2024. This is 6% more than last year.
The number of people killed in such accidents this year reached 813, and 8155 were injured.
For the second year in a row, the top three anti-leaders in terms of the number of accidents with victims are led by Dnipropetrovska oblast, where 637 such incidents occurred, 10% of the total number in the country. The number of accidents here increased by 14.5% compared to the same period last year.
Lviv region ranks second with 586 accidents with victims (9%), and Kyiv closes the top three anti-leaders with 534 cases (8%).
The largest increase in road accidents with victims over the year was recorded in Kherson (+26%), Mykolaiv (+23%) and Rivne (+23%) regions.
Most people – 70% of the total number – died in road accidents due to speeding (430) and maneuvering violations (136).
It is worth noting that the number of road accidents involving children is increasing year by year. For example, 956 such accidents occurred in the first four months of 2024, almost a quarter more than in the same period last year. The highest number of such accidents was recorded in Lviv region – 115 cases.
The number of accidents involving children has increased 1.4 times this year compared to last year and 3 times compared to 2021. The largest number of such cases occurred in Lviv (21), Rivne (14), Ivano-Frankivsk (13), and Volyn (12).
https://opendatabot.ua/analytics/kids-dtp-2024-4
Heat map of risks for the financial sector of Ukraine
Source: Open4Business.com.ua and experts.news
The State Enterprise “SETAM” (Ministry of Justice of Ukraine) has sold property worth over UAH 22 billion at the OpenMarket electronic auction. Since 2014, more than 83 thousand successful auctions have been held.
Due to competition at the auctions, sellers received an additional UAH 2.3 billion. The average price increase for sold lots is 11.8%.
The auction user base is the largest in Ukraine. Today it includes more than 101 thousand participants, and new ones are added every day. Most lots (68.5% of the total) were sold at online auctions by the State Enforcement Service and private executors.
Among the categories of property sold, most of them were real estate, vehicles and other property.
“Step by step, we are improving the auction and seeing the results of cooperation with both public and private enforcement officers and partners in the area of voluntary sale. Since the beginning of this year alone, we have already managed to sell rights of claim under the agreements of individual borrowers for UAH 13.1 million, premises in Kyiv for UAH 25.2 million, a complex of buildings and premises in Lviv region for UAH 22.6 million, and many other expensive properties. We would like to thank our buyers for their trust in our electronic auction. We will continue to work,” said Oleksandr Mamro, CEO of SE SETAM.
We remind you that SE “SETAM” works in the following areas:
– Sale of seized property by public and private executors, as well as property confiscated by court decisions;
– Sale of bank assets and claims;
– Holding auctions for the sale of property at the request of individuals and legal entities (voluntary sale);
– Holding auctions for lease of property;
– Sale of rights to enter into financial leasing agreements.
The most expensive lots sold for all time:
Building No. 4 and land plot in Kyiv.
Sale price: UAH 563,710,000.
Seller: JSB “UKRGASBANK”.
Link to the auction: setam.net.ua/auction/332803
The building of a hotel, office and retail and office complex in Kyiv.
Sale price: UAH 334,925,314.
Seller: JSC Ukreximbank.
Link to the bidding process: setam.net.ua/auction/484723
Two land plots in Kyiv region.
Sale price: UAH 308,523,316.
The seller: Oschadbank JSC.
Link to the auction: setam.net.ua/auction/466893
The OpenMarket auction (SE SETAM of the Ministry of Justice of Ukraine) is a simple and effective means of selling and purchasing property via the Internet. The online auction has been operating throughout Ukraine since 2014. The total amount of sales since its launch is UAH 22 billion.
