Eye in the sky – How a Hangzhou surveillance firm saw its value soar to $55 billion

There are 58 subsidiaries under the state giant China Electronic Technology Group Corp (CETC). Most of them are named unimaginatively by number but many have made important contributions to China’s defence industry. The 27th Research Institute has played a crucial role in the country’s development of a nuclear capability, while the 14th Research Institute is the birthplace … http://bit.ly/2uSUmnt

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