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 authorities are investigating whether Alpi should have notified the Italian government of the stake sale, as well as whether Alpi had transferred technology and started production in China, according to the report. Mars had in July 2018 bought a 75% stake in Italian drone maker Alpi Aviation for 4 million euros, or $4.6 million, the Journal reported. Mars also invested another 1.5 million euros in Alpi — an amount Italian police said was a significant overpayment, according to the report.
Sooooo smart? Unbelievable!!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tencent Rallies On ByteDance Content Sharing News, Tiger Global Opines On ChinaAsia was mostly higher as South Korea had a solid day while Mainland China was off a touch before tonight’s Biden-Xi virtual summit.
Source: Forbes - 🏆 394. / 53 Read more »
China Left in Shock Following Brutal Killing of Corgi During Covid-19 DisinfectionThe brutal beating of a pet corgi by epidemic prevention workers prompted outcry in China, a country with a “zero tolerance” policy for Covid-19. There is no indication the dog was tested before it was killed. Savages for real, then they barbecued the poor thing afterwards, learn something from their savagery y’all aren’t that much far behind with how you treat farm animals and sht but you will post this about China like y’all are benevolent lovers of animals or some sht hypocrites Adanta sollu , akalesi untadi tinesntaru..🤧 I don't understand why we continue to enable china when they continually lie about their COVID numbers. Not trustworthy at all.
Source: WSJ - 🏆 98. / 63 Read more »
Enes Kanter Challenges Joe Biden On China, 'Stop Playing Games W/ Bullies'Celtics C Enes Kanter has a message for Joe Biden before his virtual meeting with Chinese president Xi Jinping ... 'stop playing games with bullies' and 'prioritize human rights!' China 🇨🇳! Let’s start at home!
Source: TMZ - 🏆 379. / 59 Read more »
Security Expert’s New Book Gives Biden Tough Advice On ChinaOne piece of advice from the author: Biden needs to demonstrate to the international community that the American political system is stabilizing
Source: Forbes - 🏆 394. / 53 Read more »
US Senate leader will add China tech bill to defense measureUS legislature set to discuss a $200 billion defence package in a bid to catch up with Chinese research and development expenditure
Source: trtworld - 🏆 101. / 63 Read more »
Biden promises candor, Xi greets 'old friend' as U.S.-China talks openU.S. President Joe Biden and Chinese leader Xi Jinping stressed their responsibility to the rest of the world to avoid conflict as the heads of the two top global economies opened their closely watched talks on Monday. as long as they keep talking it's positive for global markets. Biden talked about competition and guardrails while Xi talked about respect and agreement. So that means they do not agree. China wale suar jo bolo, corona ko control kare ?
Source: Reuters - 🏆 2. / 97 Read more »