China condemns protectionism after Lattice deal blocked
September 14, 2017 // By Peter Clarke, eeNews Europe
The ministry made the remarks after US President Donald Trump had issued an order blocking the acquisition of FPGA chip firm Lattice Semiconductor Corp. (Portland, Oregon) by a US private equity company that was financially backed by Chinese funds (see President Trump bans Lattice deal ). The order backed up the previous recommendation of the US Committee on Foreign Investment in the United States (CFIUS).
Ministry spokesperson Gao Feng told a press conference that China is concerned about the US decision, a Xinhuanet report said.
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