Chinese Aviation Firm Seeking Investment in U.S. Aircraft Makers

July 10, 2018 by · Leave a Comment 

 

A Chinese state-run aircraft and missile manufacturer linked to military programs and past espionage is attempting to purchase interests in major U.S. aircraft manufacturers.

According to Trump administration officials, the Aviation Industry Corp of China, known as AVIC, is seeking to gain access to advanced technology through attempts to buy minority stakes in major aircraft companies.

The attempts were detected by U.S. intelligence agencies several months ago and reported internally within the U.S. government.

Source: Chinese Aviation Firm Seeking Investment in U.S. Aircraft Makers

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