BSH NEWS
Chinese businesses Kyiv plan under risk following Russian attack
By
, ET Bureau
Synopsis
BSH NEWS If there is either change of guard in Ukraine or the conflict prolongs, a three-year-old deal by Chinese networking giant Huawei to install 4G wireless services in the Kyiv metro system will go on hold, and massive agricultural shipments to China will slow down, ET has learnt.
The Ukraine crisis may put at risk investments planned for the country by businesses in China, Kyiv‘s biggest trading partner, besides Beijing‘s Belt and Road Initiative projects in Ukraine and the defence partnership between the two nations.
If there is either change of guard in Ukraine or the conflict prolongs, a three-year-old deal by Chinese networking giant Huawei to install 4G wireless services in the Kyiv metro system will go on hold, and massive agricultural shipments to China will slow down, ET has learnt.
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