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Chinese investments part of influence strategy - German econ minister

German Economy and Climate Minister Robert Habeck speaks in Berlin

BERLIN (Reuters) - China is pursuing a strategic approach when it comes to increasing its influence through investments, said German Economy Robert Habeck after confirming that the government had blocked a Chinese takeover of Elmos' chip factory.

"We're seeing a conscious, strategic approach to exerting influence and gaining knowledge," especially in the areas of semiconductors and microchip production, added Habeck.

(Reporting by Miranda Murray; Editing by Madeline Chambers)