“We are suing the president because we do not accept his
finding that we are a national security threat. It is not true,” says Wu
Jialiang, CEO of Ralls Corp., whose deal to buy land for a wind farm in Oregon
near a US Navy weapons training facility ran into a presidential veto in
September.
US and Chinese lawyers say it is unlikely Ralls will win its
case, but that the high profile challenge is a landmark in Chinese companies’
increasingly bold strategy of investing abroad. It could also serve as a test
of Chinese allegations that US investment rules are biased against Chinese
companies…..
No comments:
Post a Comment