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How and Why Obama Is Blocking Chinese Takeover of Germany’s Aixtron

By Stephen Fuchs on Email @StephenWFuchs

In a rare move, President Barack Obama issued an order on Friday that halted a 670 million euro ($719 million) deal that would see China’s Grand Chip Investment taking over Aixtron SE, a German-based semiconductor equipment company. The decision was backed up by a claim that such a deal would pose a national security risk to …

Sources: Bloomberg, Reuters

Photo: Aixtron

Stephen Fuchs
Stephen founded German Pulse and LGBT Germany out of a passion to introduce Americans to a Germany that goes beyond beer and polka (although with enough beer he has been known to polka it up a bit). He's a coffee addict, lover of wine and good times, a hit in the kitchen and editor of TV commercials. You can follow him on Twitter (@StephenWFuchs) to find out a lot more.
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