Chi­nese com­pany’s Aix­tron deal blocked

China Daily (Hong Kong) - - BUSINESS - Your Name

The For­eign Min­istry ex­pressed dis­plea­sure on Monday af­ter US Pres­i­dent Barack Obama blocked a Chi­nese in­vest­ment fund from ac­quir­ing the US busi­ness of Ger­man semi­con­duc­tor equip­ment maker Aix­tron on the pre­tex of na­tional se­cu­rity con­cerns. For­eign Min­istry spokesman Lu Kang said the gov­ern­ment had al­ways sup­ported Chi­nese firms in­vest­ing over­seas on the ba­sis of mar­ket prin­ci­ples, in­ter­na­tional rules and re­spect­ing lo­cal laws. The Aix­tron deal is purely a com­mer­cial mat­ter, he said. the week­end, dom­i­nat­ing a com­pet­i­tive field of lo­cal movies and im­ported Hol­ly­wood re­leases. Di­rected by 43-yearold film­maker Makoto Shinkai, the film earned $41.2 mil­lion from Fri­day to Sun­day, according to data from Beijing-based box of­fice tracker Ent Group. has led the charts for 12 weeks at home in Ja­pan, where it has earned $175.3 mil­lion — the coun­try’s sec­ond-big­gest lo­cal gross ever.

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