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US moves to block Chinese purchase of German tech firm Aixtron

In October Germany withdrew initial approval for a Chinese company to purchase semiconductor equipment maker Aixtron, after Washington raised security concernsUS President Barack Obama moved to block a Chinese company’s purchase of German semiconductor equipment maker Aixtron by rejecting the inclusion of Aixtron’s US business in the deal. The US Treasury Department said a review by the Committee on Foreign Investment in the United States (CFIUS) chaired by Obama found the risks posed by the deal, which could place sensitive technology with potential military applications in Chinese hands, were too great.

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