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CHATTANOOGA, TENNESSEE - APRIL 19: A pro-union sign is seen outside a Volkswagon assembly plant on April 19, 2024 in Chattanooga, Tennessee. Since Wednesday workers have been voting on whether to join the United Auto Workers (UAW) union. Elijah Nouvelage/Getty Images/AFP (Photo by Elijah Nouvelage / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)
The German government on Wednesday blocked the sale of a gas turbine unit belonging to a subsidiary of the Volkswagen group to a Chinese investor over security interests.
Volkswagen's MAN Energy Solutions had been due to sell the unit to Chinese group GHGT and its subsidiary Guanghan Gas Turbine, but Chancellor Olaf Scholz's "cabinet had today prohibited" the move, said the economy ministry, adding that it could not provide further details.