Chinese investors to sue over Motor Sich nationalization

Chinese investors in Motor Sich, a Zaporizhia-based major aircraft engine manufacturer, are threatening new lawsuits in response to last week’s sudden announcement of the company’s possible nationalization. 

Wang Jing, owner of the Chinese company Skyrizon Aircraft Holdings, released a public statement on March 6 denouncing Ukrainian authorities and pledging to “resolutely protect and safeguard the legitimate rights of Chinese investors.”