Home Must Reads Chinese executive says Obama's wind farm halt a "political show"

Chinese executive says Obama's wind farm halt a "political show"

| Print |  Email
Must Reads
Friday, October 19, 2012

The Obama administration's decision to block a Chinese investment in an Oregon wind farm was called a "political show and bureaucratic nonsense" by a Chinese executive.

So said Wu Jinliang, deputy vice president at Sany Group yesterday at a press conference in Beijing, according to a report in today’s state-published Shanghai Daily. Plans by Sany affiliate Ralls Corp. to build four wind farms next to a navy base in the northwestern state were blocked on national security grounds, the first move of its kind in 22 years. Wu is the CEO of Ralls, and the Chinese investors are challenging the U.S. action in court, the newspaper said.

Ralls bought the then-approved farms from a Greek company earlier this year and stands to lose $20 million from the U.S. decision, according to the report in the Shanghai Daily.

Read more at Forbes.

{biztweet}wind farm oregon{/biztweet}

 

More Articles

Gone Fishing

October 2014
Thursday, September 25, 2014
BY LORI TOBIAS

Business has been good to Laura Anderson, leading some to suggest she must be awfully lucky to find such success in a business notorious for failure. But luck’s had little to do with it.


Read more...

Is this employee right?

Contributed Blogs
Wednesday, August 13, 2014
081314 thumb employeefeelingsBY TOM COX | OB BLOGGER

When I say, “Your Employee is Always Right,” I do not mean “right about the facts,” but rather “right about how they feel” and “right about how they want to be led.”


Read more...

Tight and Loose

September 2014
Wednesday, August 27, 2014
BY JENNIFER MARGULIS

As schools implement more rigorous academic standards, holistic and flexible approaches to K-12 education flourish.


Read more...

Register for 100 Best Companies survey

News
Wednesday, August 20, 2014
OBM-100-best-logo-2015 150pxwBy Kim Moore | OB Editor

The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.


Read more...

Podcast: Interview with Steve Balzac

Contributed Blogs
Tuesday, August 19, 2014

082014BalzacBY TOM COX | OB BLOGGER

Tom Cox interviews Steve Balzac, author of "Organizational Psychology for Managers."


Read more...

The Diaspora

October 2014
Thursday, September 25, 2014
BY LEE VAN DER VOO

Former newspaper journalists move into brand journalism.


Read more...

Podcast: Testing for Emotional Intelligence with John Hersey

Contributed Blogs
Friday, September 19, 2014
ivbU3sIXBY TOM COX | OB BLOGGER

How can you tell if you, a peer, a subordinate or a job candidate has the emotional intelligence needed to do well?


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS