China Aerospace Science and Technology leads $21b fund to invest in new technologies

China Aerospace Science and Technology leads $21b fund to invest in new technologies

Images Of Chinese Yuan Banknotes. Photo: Reuters

State-owned China Aerospace Science and Technology Corporation (CASC) has teamed up with other government-owned companies for a 150 billion yuan ($21.78 billion) fund to invest in new technologies, the official Xinhua news agency said on Tuesday.

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