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Obama to ‘block’ Chinese takeover of technology firm Aixtron on national security grounds

US President Barack Obama is poised to block a Chinese company from buying Germany’s Aixtron, people familiar with the matter said, which would mark only the third time in more than a quarter of a century that the White House has rejected an investment by an overseas buyer as a national security risk. The president […]

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 […]