cross-posted from: https://lemmy.sdf.org/post/29611732
Several private Chinese companies have begun operations in temporarily occupied areas of Ukraine, supplying essential equipment and helping rebuild destroyed factories, reports the Ukrainian media outlet NV, suggesting that these business activities likely have the backing of the Chinese Communist Party.
Chinese entrepreneurs from varying sectors such as energy, agriculture, and light industry are traveling to these regions to form joint Chinese-Russian companies and are actively seeking local workers.
“Currently, Russians lack the financial resources to develop the captured Ukrainian territories, prompting the Kremlin to seek Chinese investment,” stated Pavlo Lysianskyi, Director of the Institute of Strategic Studies and Security.
Since the spring of 2023, companies from the occupied territories of Donetsk and Luhansk have appeared at China’s “Canton Fair” in Guangzhou. For instance, Artom Zhykharyev, “advisor to the general director” of the “state company ‘Nadra’” from the so-called Donetsk People’s Republic, visited industrial equipment plants in Beijing, Zhengzhou, Jinan, and Taiyuan. By 2024, the Chinese company Liming Heavy Industry Science & Technology is expected to supply various industrial equipment, including stationary crushers and vibrating feeders.
…
The media reports that the Chinese are aiding Russians not only in rebuilding the devastated industries of Donbas but also by supplying equipment to mines occupied by Russia in Torez, Snizhne, and Khrestivka. Moreover, Russia is seeking to connect the highway “Rostov-on-Don — Mariupol — Melitopol — Simferopol,” which it is actively constructing, to an international transportation corridor “Europe — Western China.”
…