: :inin Kyiv (EET)

Up in Arms: Ukrainian aircraft-engine plant caught up in US-China rivalry

Ukrainian tycoon Vyacheslav Boguslayev is having a hard time parting with the company he has controlled for the past three decades, and it’s not just because it is close to his heart.
The 80-year old is caught up in the global rivalry between the United States and China as he seeks to sell his defense company, Motor Sich.
At stake for Ukraine is potentially billions of dollars of investment from China, thousands of jobs, and eventual membership in NATO, analysts say.
The possible sale of Motor Sich – a maker of engines for missiles, helicopters, and jets – to the Chinese provoked a …read more

Source:: Protothema