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Chinese firm's A123 buyout draws tech transfer fire on Capitol Hill

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China's prospective purchase of what's left of the bankrupt A123 solar energy firm isn't being greeted with enthusiasm from the chairman of a House subcommittee on oversight and investigations. "It is exceedingly frustrating to stand by and watch the fruits of our taxpayer-funded research and development (R&D) get shipped overseas to a Chinese firm," said Rep. Paul Broun in a statement...

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