Business
China's AVIC Invests $3.2M in Unmanned Helicopter
Chinese airframe manufacturer AVIC is investing yuan (CNY) 20 million ($3.2 million) in the U8 unmanned helicopter programme, which is being designed for civilian use. The investment is being made through Jingdezhen Helicopter, said AVIC in a Hong Kong stock exchange statement. AVIC owns almost 54.7% of the