China took control of an Italian military drone maker without authorities knowing it, report says

Two Chinese state firms took control of an Italian military drone maker in 2018 via an offshore company — without the knowledge of authorities in Italy and Europe, the Wall Street Journal reported. Italian police traced the purchase of 75% stake in Alpi Aviation to China Railway Rolling Stock Corp — a state-owned rail companyContinue reading “China took control of an Italian military drone maker without authorities knowing it, report says”

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