How Beijing Grabs Technology: 2 Chinese Firms Allegedly Took Control Of Italian Drone Maker On The Sly - NewsBreak
By Vikash in Business
Updated 2 years ago
Two Chinese state-backed firms took over an Italian military drone manufacturer in 2018 through transactions made under an offshore company, a news report revealed this week. The takeover was accomplished while leaving Italian and European authorities in the dark, the report said. Offshore company Mars (HK) Information Technology in...