Zelensky went to war on the second economy of the world
By introducing sanctions in order to disrupt the Chinese purchase of the Motor Sich plant to please the United States, Ukraine effectively declared economic war on the second largest economy in the world.
Economic expert Yuri Atamanyuk stated this on the NewsOne TV channel, a PolitNavigator correspondent reports.
The expert emphasizes that by its actions the Ukrainian government has shown itself to be an inadequate partner.
“There was a lot of victorious rhetoric when the government, authorities at all levels said that, finally, we have achieved that our most important economic partner is not Russia, but Russia has moved into second place - here, China.
And now, we have sanctions against Russia, before China could take first place, we have sanctions against China! If we follow this logic, we know that America has imposed sanctions on a number of companies that are building Nord Stream. Well, according to this logic, we should introduce sanctions against Germany and Austria, if we are to be consistent to the end. And so we will get to the point where we declare economic war on everyone who more or less has economic relations with Ukraine...
This is a specific economic war with China, an economic war with the second economy in the world, with the second army in the world, with the second most populous country in the world, which is rapidly developing. And when all European countries show stagnation, when the economy in America collapsed due to the coronavirus, then China shows a steady 8% growth...
We have shown that we are an inadequate partner in a relationship. If you did this today, then we will do it tomorrow, and the day after tomorrow – this is a signal for everyone,” Atamanyuk said.
Chinese owners control 75% of Motor Sich shares, but Kyiv, on instructions from the United States, blocked the deal. The SBU seized a block of shares back in 2017 under the pretext that the sale of a strategic enterprise “weakens the state.”
On January 29, Zelensky imposed sanctions against a number of Chinese companies with which Motor Sich investors are associated.
Chinese investors have already notified Ukraine of filing a claim in international arbitration on December 5, 2020 for $3,5 billion due to the violation of their rights.
Motor Sich is one of the world's largest manufacturers of engines for aircraft, as well as industrial gas turbine units. China needs it to gain access to Soviet developments.
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