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

Brain Storm

July/August 2015
Monday, July 13, 2015
BY CAMILLE GRIGSBY-ROCCA

Can the brave new world of neurotechnology help an OHSU surgeon find a cure for obesity?


Read more...

Reader Input: Fair Play

May 2015
Wednesday, July 15, 2015

Former Governor John Kitzhaber's resignation in February prompted some soul searching in this state about ethical behavior in industry and government.


Read more...

The Private 150: From Strength to Strength

July/August 2015
Monday, July 13, 2015
BY KIM MOORE

Revenues in Oregon's private, for profit sector maintained solid growth as the economy continued to rebound.


Read more...

The 5 highest revenue-generating parks in Oregon

The Latest
Thursday, June 11, 2015
parksthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

In 2014, total revenue for camping and day use in Oregon State Parks was a little more than $17 million. That figure may even higher this year "because we've had exceptionally nice weather," Hughes says.


Read more...

Best Foot Forward

July/August 2015
Monday, July 13, 2015
BY CHRIS NOBLE

Whether you're stepping out to work or onto the track, Pacific Northwest shoe companies have you covered.


Read more...

Reader Input: Road Work

March 2015
Wednesday, July 15, 2015

Oregon's roads are crumbling, and revenues from state and local gas taxes are not sufficient to pay for improvements. We asked readers if the private sector should help fund transportation maintenance and repairs. Research partner CFM Strategic Communications conducted the poll of 366 readers in February.

0315 input01 620px

 

Reader comments:

"I feel private enterprises are capable of operating at a higher efficiency than state government."

"This has been used in Oregon since the mid-1800s. It is not a new financing method. This form of financing may help Oregon close its infrastructure deficit by leveraging funds."


Read more...

Photo log: Murray's Pharmacy

The Latest
Friday, July 17, 2015
OBM-Heppner-Kaplan thumbBY JASON KAPLAN

Photographer Jason Kaplan takes a look at Murray's Pharmacy in Heppner.  The family owned business is run by John and Ann Murray, who were featured in our July/August cover story: 10 Innovators in Rural Health Care.


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