New China fund poised to pump dual-use tech sales

A US$471 million undertaking capital fund to be established via a bunch of Chinese navy and industry establishments objectives to avoid US sanctions to protected high-end navy generation, in step with a up to date Taiwanese media file.

Yang I-Kwei, a researcher affiliated with Taiwan’s Ministry of National Defense, stated in an April 15 Taipei Times article that China objectives to expand its personal home navy provide chain in the course of the fund, considerably at a time when Beijing has stepped up its threats towards Taiwan.

Yang’s feedback got here after Guangzhou Haige Communications Group Corporation, which gives communications, simulators, navy pilot coaching methods, and navigation apparatus to the Chinese navy, introduced this month that it’ll group up with China Poly Group, China’s biggest state-owned provider of navy apparatus, missile applied sciences and drones.

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