Hirunews Logo
Trump+blocks+sale+to+Chinese+company
Thursday, 14 September 2017 - 9:51
Trump blocks sale to Chinese company
7

Shares
888

Views

The Trump administration has barred the sale of a US technology firm to a Chinese-backed company, citing national security risks.

Since November, Chinese-backed Canyon Bridge Capital Partners has been seeking approval for a $1.3bn deal to buy Lattice Semiconductor.

The firms said they were "disappointed" by the decision.

The order comes as the US has been toughening its stance on business dealings with China.

Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE
Farmers occupy A-9 road to dry paddy
Thursday, 22 February 2018 - 13:52
The drivers who are using the A-9 road complain that farmers have occupied certain sections of the road stretch from Puliyankulama to Mullaitivu to dry... Read More
Hiru News Programme Segments
3,511 Views
15,512 Views
662 Views
3,078 Views
432 Views
16,975 Views