Wednesday, 19 August 2015

AVIC Capital to inject $780 million into Chinese military jets makers

SOURCE: REUTERS AVIC Capital Co, which helps finance China’s state aerospace firms, will lead a capital injection of up to 4.99 billion yuan ($779.91 million) into two jet fighter makers in a move aimed at shoring up key military manufacturers. Also participating in the investment are four other listed AVIC group companies, including AviChina Industry & […]

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