Chinese exporter linked to missile scheme
U.S. federal prosecutors in Los Angeles have linked a Chinese state-run export company, China Xinshidai Group, to a conspiracy to sell surface-to-air missiles in the United States.
The firm wants to illegally export Chinese missiles to the United States through organized crime groups.
China Xinshidai Group owns China National Precision Machinery Import and Export Corp. which manufactures the HN-5.
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