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Story summary
- Germany blocks Chinese state-owned Cosco from buying an 80% stake in logistics firm Zippel.
- The economy ministry said the deal would deepen dependencies and jeopardize EU supply-chain resilience.
- Zippel CEO Axel Plass said day-to-day operations will continue unchanged despite the blockage.
- Germany’s antitrust authority had cleared the transaction in February, noting national-security issues were outside its remit.