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Obama bars China's Fujian from buying Aixtron's US business

Obama bars China's Fujian from buying Aixtron's US business

The headquarters of German chip equipment maker Aixtron SE is pictured through a security fence in Herzogenrath near the western German city of Aachen, October 25, 2016. REUTERS/Wolfgang Rattay

President Barack Obama blocked a Chinese investment fund from acquiring the U.S. business of German semiconductor equipment maker Aixtron because the deal posed a risk to American national security, the Treasury Department said on Friday.

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