London has ordered a Chinese firm to reverse its acquisition of the UK’s largest microchip producer China has accused the British government of violating international trade rules after the UK intervened to reverse the sale of the country’s largest microchip maker to a Chinese company on the grounds of “national security.” The order comes more than a year after the deal was completed. Asked about London’s decision to bar the transaction during a Friday press conference, Chinese Foreign Ministry spokeswoman Mao Ning condemned the move, insisting Britain should “respect the legitimate rights and interests of Chines
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