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This paper mainly discusses current situation and problems in China-Ukraine economic cooperation. Tasks of research – analyze the external challenges of economic cooperation between China and Ukraine, and find a win-win cooperation model. First, the uncertainty of the international economic order will affects Ukraine's economic growth. The US-China trade war will affect the export of agricultural products and metallurgical products in Ukraine and delay the recovery of the Ukrainian economy. The conflict in Ukraine's Donbass and Brexit will worsen the external economic environment of Ukraine. Secondly, we point out that Ukraine didn’t share China's opportunities and was overtaken by other post-Soviet countries. Third, we proposed that speed up FTA negotiations is key to enhancing the quality of economic cooperation, attract Chinese investment.