Chinese national fund fuels aerospace growth with two $100m-plus deals

Chinese national fund fuels aerospace growth with two $100m-plus deals

Rocket launch photo by Pixabay

China’s 147.2-billion-yuan ($20.2 billion) National Manufacturing Transformation and Upgrading Fund has bankrolled two domestic commercial aerospace companies in their $100-million-plus fundraising efforts amid the country’s growing space ambitions.

Edited by: Pramod Mathew

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