A Chinese Investment Left Twisting in the Wind
(Beijing) – A U.S.-based company owned by senior executives of Chinese heavy equipment maker Sany Group Co. has sued a U.S. national security panel led by Treasury Secretary Timothy Geithner for, it says, unreasonably barring the company's investment in wind farms.
Ralls Corp., a Delaware-registered company controlled by Sany vice presidents Duan Dawei and Wu Jiadong, sought to develop wind power projects in the United States. In March, the company acquired four wind farms in the U.S. state of Oregon with a combined power generation capacity of 40 million watts.
- Media Watch: Former Star Reporter Causes Stir with Smog Documentary
- Ant Financial Subsidiary Starts Offering Individual Credit Scores
- Attempt to Gain New Investor Failed, New China Life Insurance Says
- Graphics: Coming and Going
- The Week in Photos: February 21-27
- Oil Giants Dispute Reports that Gov't Is Considering Mergers
- Going Out
- The Soft Edge of Cut Paper
- The Sino-Russian Challenge to the World Order
- Kalidasa for the 21st Century Reader: Selected Poetry and Drama
- Sign up to receive our free daily newsletter
- Minsheng Tries Weathering a Maelstrom
- Three Private Shipping Companies Run into Financial Troubles
- Can Market Mechanisms Clear China's Bad Air?
- State Patronage Divides Confucian Intellectuals
- Closer Look: Local Officials Have Little Love for National Hukou Reform
- Tourism Tensions Have HK Mulling Limits on Visitor Numbers
- Experts Split on Whether Merger of Taxi App Firms Breaks Law
- Is It Time to Include the Yuan in IMF Basket?
- Gov't Orders Documentary about Gays, Lesbians Removed from Net
- Gov't Moves on GM Crops Spur Industry's Cautious Optimism