Airbus withdraws investments from Chinese company that sells fighter aircraft to Myanmar military
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Airbus withdraws investments from Chinese company that sells fighter aircraft to Myanmar military
European aviation giant Airbus has withdrawn its shareholdings in a Chinese military-owned company that supplies fighter aircraft and weapons to the Myanmar junta, according to reports. Airbus held a 5.03 percent share—worth US$140 million as of June 30, 2024—as the sole international investor in AviChina Industry & Technology (AviChina), a subsidiary of the Hong Kong-registered …
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