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The new contract reiterates Ukraine’s energy dependence on its powerful neighbour.
NZ dollar has become the 6th foreign currency to trade globally with the Chinese yuan.
New data released earlier this week showed India's exports contracted by 5.04 per cent to $26 billion in October.
The $11.97 billion contract is China's single largest overseas contract project, the CRCC said.
China has rejected a World Bank report that suggests it might surpass the US this year to become the biggest economy.
The project, designed to improve regional connectivity from one of the world's least-connected countries, cost about $50 million.
China has repeatedly accused the US of straining their vast economic relationship through a slew of anti-dumping measures.
WTO member had voiced shock and frustration after India stymied the trade pact that could add $1 trillion to the world economy.
The FTAAP will add an estimated $2.4 trillion to the global economy, says a new survey.
The US and EU sanctions are levying a heavy toll on Russia’s $425 billion-a-year petroleum industry.
