In 2018, an Italian drone company was 'secretly' sold to two Chinese state-owned enterprises. But how much of a secret was it really?
With its wide, curved wing, the Strix unmanned aerial vehicle (UAV) looks, at first sight, like an expensive boomerang.
In fact, it's a drone that the Italian air force once used for airborne reconnaissance in Afghanistan. It’s made by Alpi Aviation, a northern Italy-based manufacturer whose products also include helicopters and light aircraft.
A new ‘secret’ about Alpi has now emerged: It’s become Chinese.
In early September, Italian financial police referred six people â
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Washington’s $370 billion Inflation Reduction Act was seen as a generational opportunity for miners in the U.S. as well as mineral rich trading partners. But almost two years later, the North American mining industry is in crisis and no closer to chipping away at China's dominance. What went wrong?
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