Following the Russian war, Ukraine's need for allies has grown. This study assesses Ukraine-China trade within the wider context of international relations and analyzes entrepreneurship development in Ukraine, considering current geopolitical factors. Given the growing role of China in the global economy, the formation of relations with the country is also becoming one of the main components of the country’s international policy, which makes research on this component relevant. The research aims to assess the trends in trade between Ukraine and China, as well as to conclude on the existing trends in this component. The main methods used in the study were analysis, abstraction, and forecasting. The study assessed and described the specifics of international trade between China and Ukraine. The study provides statistics on trade relations between the two countries and describes the volume of international trade and the trends and changes associated with the war between Ukraine and Russia. Particular attention is paid to trade in agricultural products and the impact of trends in this sector on the development of entrepreneurship. In addition, the paper describes the potential benefits of future cooperation between Ukraine and China and the difficulties that may arise in the development of relations between the two countries. Based on the analysed information, the paper provides advice for the formation of Ukraine’s state policy in general, and in particular, for ensuring the quality development of enterprises.