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Obama Said Poised to Block Chinese Takeover of Germany's Aixtron
We're in intensive contact with the relevant authorities, Aixtron spokesman Guido Pickert said Friday by phone. German Economy Minister Sigmar Gabriel has called for more scrutiny of Chinese purchases and his ministry is still examining the Aixtron deal. Meanwhile, Chinese foreign direct investment in America reached a record $15.3 billion in 2015, according to Rhodium Group. Before that, in 1990 then-president George HW Bush stopped a Chinese acquisition of MAMCO Manufacturing Inc., an aircraft-parts maker.
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