Chinese tycoon takes fresh aim at Soviet-era engine producer

Wang Jing enlists Ukrainian oligarch in latest bid to buy Motor Sich

20200916 Motor Sich

Though its sale remains unresolved, Motor Sich has already been marketing its engines in China, showing one for helicopters at the Aviation Expo China trade show in Beijing in 2017. © AP

DIMITRI SIMES, Contributing writer

MOSCOW -- A long campaign by mysterious Chinese businessman Wang Jing to take control of a leading Eastern European aircraft engine producer may be poised for a breakthrough.

Wang is best known internationally for securing rights from the government of Nicaragua in 2013 to develop a $50 billion canal project across the Central American country that was to rival the Panama Canal.

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