Ukraine between a Rock and a Hard Place: Washington wants to prevent China’s Acquisition of Motor Sich

Huanqiu Shibao quotes foreign media, as usual, without providing links to the specific articles. All links within blockquotes were added during translation. Topic: China’s planned Motor Sich acquisition.

Still Rambo’s favorite target,
the HIND helicopter –
Wikipedia / license CC BY-SA 3.0 –
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Main Link: Ukraine declines Motor Sich acquisition by Chinese company? Russian media: America dissatisfied with Sino-Ukrainian transactions, has exerted pressure on Ukraine before (乌克兰拒绝中国公司买马达西奇?俄媒:美国不满中乌交易,曾对乌施压)

American website BuzzFeed said on February 25 that an official with the Antimonopoly Committee of Ukraine had revealed that in March, this commission would publicly announce a ban on Beijing Skyrizon Aviation buying Motor Sich company. There had been news before that in addition to buying shares, the Chinese company had als pledged to invest 250 mn US dollars within two years.

【环球时报综合报道】美国BuzzFeed网站25日称,乌克兰反垄断委员会官员透露,该委员会将在3月宣布,禁止中国的北京天骄航空产业投资有限公司购买乌克兰的马达西奇公司。此前有消息称,除购买股份外,中国公司还承诺在两年内对该工厂投资2.5亿美元。

Sputnik News said that Ukrainian president Zelensky took this decision because of so-called “geopolitical risks”, but Sputnik online  says that Sino-Ukrainian related transactions had caused American dissatisfaction, with the latter exerting pressure on Ukraine. Reportedly, America has plans to let Oriole Capital Group, which isn’t too well-known, become Motor Sich’s buyer. It is said that a penalty to be paid buy Motor Sich for breach of contract is in a range from 500 mn to 2 bn US dollars. As Ukraine’s budget can’t sustain these expenses, it had been hoped that this company would provide the amount. But America didn’t want that, and therefore, it could sanction Motor Sich to force force the Chinese company to abandon the acquisition plan.(Wang Zhen)

俄新社称,乌克兰总统泽连斯基是根据所谓 “地缘风险”做出上述决定的。但俄罗斯卫星网称,中乌的有关交易引起美方不满,后者曾对乌施压。据称,美国打算让一家不太出名的Oriole Capital Group公司成为马达西奇的收购者。据了解,有关马达西奇交易的违约金为5亿至20亿美元。由于乌预算无法负担这一费用,因此希望这家公司提供这笔钱。但美国却不愿意。因此,美方可能会通过制裁马达西奇公司逼迫中国公司放弃收购计划。(王臻)

In an online article, possibly the one referenced by “Huanqiu Shibao”, a BuzzFeed author that President Zelensky would probably prefer to keep the Ukrainian arms manufacturer out of “a larger Washington–Beijing power game” and find an investor “from a country other than the US and China”, but also points out the pressures from Washington, previously concerning “investigating” Biden business in Ukraine, now concerning Motor Sich.

While the Motor Sich saga appears to be continuing, at least until next month, Ukraine’s vice premier Dmytro Kuleba showed interest in economic cooperation with China, saying that the COVID-19 outbreak had delayed such cooperation, Radio Ukraine International reported on Friday morning (UTC).

“We need investment and we have to launch new industrial facilities. We could already be discussing this with China” [hadn’t there been the epidemic outbreak],

Kuleba was quoted as saying.

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