The Chinese continue on their acquisitive path to rapidly expand their aerospace base with their latest buy – kit aircraft maker Glasair Aviation. Fang Tieji, chairman of Jilin Hanxing Group, acquired the kit maker, promising to invest substantially in the company to grow its product base and expand offerings in China. In addition to aviation, Jilin Hanxing is involved in the real estate, chemical and auto businesses in China. Fang is credited with owning the first fixed-base ...
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