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How Chinese, Iranian companies profit in Russia-occupied Ukrainian regions

Al Jazeera · May 21, 2026, 10:52 AM

Key takeaways

  • More than a dozen Chinese companies operate in Donetsk and Luhansk, according to a Ukrainian monitor.
  • Despite being inked in Moscow, the contract was not made with a sovereign nation.
  • “I’m confident that the potential of our cooperation is huge, and we’re only beginning to implement it,” Solntsev wrote on his Telegram channel.

Why this matters: an international story with cross-border implications worth tracking.

More than a dozen Chinese companies operate in Donetsk and Luhansk, according to a Ukrainian monitor.

xwhatsapp-strokecopylinkgoogle Add Al Jazeera on Googleinfo. This image, supplied by a former Moscow-backed official in Ukraine's occupied Donetsk region, shows him with representatives of Chinese companies that struck a business deal with his separatist administration [Handout/Evgeny Solntsev via Telegram]By Mansur Mirovalev Published On 21 May 202621 May 2026Kyiv, Ukraine – In November 2023, representatives of two Chinese companies signed a deal to supply stone-crushing machinery for construction projects.

Despite being inked in Moscow, the contract was not made with a sovereign nation. It was announced by Evgeny Solntsev, then the “prime minister” of the “People’s Republic of Donetsk”, a resource-rich, war-ravaged statelet carved out of southeastern Ukraine by Russia-backed separatists in 2014.

Article preview — originally published by Al Jazeera. Full story at the source.
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