A Chinese group that included Tencent scrapped its plan to buy 10% of European mapping company Here International NV after the US vetoed the deal on national security grounds. Plans by the syndicate failed to win clearance from the Committee on Foreign Investment in the United States (CFIUS), which must clear all such deals for national security considerations. The Chinese group announced its plan in December, which would have given it the right to appoint one member to the board of Amsterdam-based Here, the former mapping unit of Nokia. Read More at China Economic Review