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A Chinese-owned company says it will go to court over its rights to own wind farms in Oregon. That comes after US President Barack Obama blocked the company’s wind farm project last Friday.
President Obama cited national security concerns when he issued an executive order to stop Delaware-based Ralls Corp from owning four wind-farm projects. The wind farms are either in or near the restricted air space of a naval weapons training facility.
The case follows rising concerns over Chinese investment in the US. But it’s the first time in more than two decades that a US President has stopped a foreign-owned project in this way.
Ralls is backed by Sany Group, a Chinese construction machinery conglomerate. According to CNN, the company said Obama’s decision was unconstitutional, saying it violates the protection of property ownership and legal process.
The US Treasury Department said today that the President’s decision, made under the Committee on Foreign Investment in the United States, cannot be reviewed by the court system—effectively making any Ralls lawsuit a moot point.
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(0301 CR M20)ANTI-DUMPING DISPUTE ON CHINESE SHRIMP DATELINE: March 1, 2011 LENGTH: 00:00:58 VO The Ministry of Commerce said on Monday the United States violated WTO rules and levied high anti-dumping duties on imports of warm water shrimp from China. According to a statement posted on the ministry’s website, the United States announced anti-dumping measures on warm water shrimp from China in December, 2004. After the ruling, Chinese exporters appealed three times against the anti-dumping measures to the U.S. Court of International Trade. The tariff rates were finalized in last July. The statement says the United States violated WTO rules when it levied high anti-dumping duties, thereby impairing the interest of the Chinese shrimp producers. It says the United States failed to tackle the key problems eyed by China despite negotiations made by the Chinese government on different occasions and strong opposition from domestic Chinese producers. It also says China is opposed to t Powered by www.newslook.com Producer : Xinhua News Agency
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