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Liu Yandong

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China defends Chinese takeovers of German firms

Chinese Vice Premier Liu Yandong on Thursday defended efforts by Chinese companies to take stakes in German companies, saying such deals benefitted both sides. “Concerns about a ‘sell-off of Germany’ are completely unfounded,” Liu told Germany’s Handelsblatt newspaper days after news that US authorities had recommended blocking the sale of German chip equipment maker Aixtron […]