ECONOMY – China Buys An Italian Military-Drone Manufacturer Without Authorities’ Knowledge – The Wall Street Journal

dWeb.News Article from Daniel Webster dWeb.News

In 2018, A Chinese state-controlled firm purchased an Italian manufacturer of military drones. It began to transfer the know-how of the company and the technology, which had been used in Afghanistan by the Italian military, to China shortly thereafter.

The move was not known by the Italian or European authorities. This shows how Beijing uses weak investment screening in Europe to acquire sensitive technology.

Read More

Section B Business News – dWeb.News

More dWeb.News Business News at

Similar Posts