Brazilian media reports that the state-owned Chinese company Norinco wants to buy shares in Avibras Aerospace, a leading Brazilian producer of heavy weapon systems, including missiles and rockets.
The state-owned Chinese company Norinco plans to purchase 49 percent of shares in the Brazilian company Avibras Aerospacial, known for producing heavy weapon systems such as missiles and rockets, reports the newspaper “Folha de Sao Paulo,” citing anonymous sources.
