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Bush denies approval for Citic-GE satellite bid
By STAFF EDITOR
Published: April 25, 2007 12:42 AM
A General Electric subsidiary planned to team up with state-owned Citic Group to privatize Asia Satellite Telecommunications Holdings, but the Bush administration has blocked the bid.  During the term of the former Bush, the US Congress “passed laws banning satellite exports to China” with two ...
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