Fortune Capital Sets Up $15M Military Investment Fund

Chinese venture firm Fortune Capital has established a RMB100 million (US$15 million) fund to invest in military companies and projects, as the country continues to allocate increasing amount of funds to its military budget.

China Money Network

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Nina Xiang
Nina Xiang is the co-founder and managing editor overseeing editorial content and product development at CMN. Before founding CMN in 2011, Nina worked at BusinessWeek magazine in Beijing and Institutional Investor magazine in New York, writing about business and financial services. While in New York, she also served as part-time correspondent for Shanghai's financial television channel, China Business Network, as well as China Radio International, China's national English-language radio network.

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