: :inin Kyiv (EET)

Ukraine court rejects Chinese appeal in aerospace deal opposed by United States


A court in Kiev has rejected an appeal by Chinese investors to unfreeze the shares of a Ukrainian aircraft engine maker, a setback for the Chinese company that sought to buy the Ukrainian firm in a deal opposed by the United States.China’s Skyrizon Aircraft Holdings bought a majority stake in Motor Sich, but the shares were frozen in 2017 pending an investigation by Ukraine’s security service (SBU). Washington wants the deal scrapped.The US and China have competed for influence in Ukraine since… …read more

Source:: South China Morning Post

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