日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Sany stranded overseas

bjreview.com.cn | Updated: 2013-08-12 14:44

In recent years, Sany has quickened its plans to go global. According to its financial statements, the machinery giant harvested a revenue of roughly 10 billion yuan ($1.63 billion) from its overseas business in 2012 and the figure is expected to exceed 15 billion yuan ($2.45 billion) in 2013. In the same time, Sany has ranked top three in terms of crawler crane sales in the US market, accounting for a share of 11.2 percent.

Its strong performance is a challenge to overseas rivals like Manitowoc Cranes, the former frontrunner in the trade. From 2005 to 2012, Manitowoc Cranes saw its market share shrink from 36.2 percent to 15.7 percent.

"The Section 337 investigation has been repeatedly employed as a shield of protectionism by the United States," said Zhang Guoqing, an expert from the institute of American Studies, Chinese Academy of Social Sciences.

It was derived from Section 337 of the Tariff Act of 1930, which was designed to shield the domestic economy from international competition during the Great Depression in 1929.

"A trade war is a lose-lose game. But when trade friction is inevitable, China will stand firm and fight it," said Zhou Dalin, Deputy Director General of the Bureau of Fair Trade for Imports and Exports under the Ministry of Commerce.

Investment frustrated

Sany's confrontation with the US Government can be traced back to March 2012, when Ralls Corp., a US-incorporated company controlled by executives from Sany Group, purchased four wind power plants in Oregon and hoped to explore the American market by fitting wind turbines produced by Sany. Originally, Sany planned to invest 3 billion yuan ($490.2 million) to build a 300,000-kilowatt wind power project. However, in July 2012, CFIUS called a halt to the construction of the four wind farms, explaining that they were near a naval test facility in Oregon. To fight CFIUS's decision, Ralls filed a lawsuit, and added Obama to the list of defendants after an executive order he issued nullified Ralls' wind farm deal over concerns of national security.

Ralls argued that the US president had exceeded his statutory authority by ordering Ralls to divest its investment in Oregon. Xia Tingkang, one of the six lawyers pleading for Sany, argued that it was unfair to impose restrictions on the use and sale of Sany-manufactured wind turbines in the US market, although he confirmed the president's right to restrict or call off the investment project. Wu Jialiang, Vice General Manager of Sany, calculated that the failed wind farm project cost Sany Group $20 million.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: www.黄色网址.com | 国产成人三级在线观看视频 | 欧美成人免费一级人片100 | 亚洲欧美久久久 | 成人在线免费网站 | 美女久久久久久久久 | 国产福利91精品一区二区三区 | 奇米影视久久 | 一级欧美一级日韩片 | 岛国久久久 | 欧美色拍| 校园春色亚洲 | 波多野结衣午夜 | 日韩中文字幕一区二区 | 精品在线观看视频 | japanese在线视频 | 新av在线 | 亚洲精品www久久久久久广东 | 欧美激情一区二区视频 | 国产精品久久久久免费 | 日本久久一区二区 | 高清亚洲 | 亚洲最大成人在线 | 亚洲天堂精品在线观看 | 天堂激情网 | 欧美日韩国产网站 | 人人干在线视频 | 欧美中文字幕在线 | 欧美日韩一区二区三区不卡 | 男人午夜天堂 | 天堂成人av | 色xxxxx| 欧美刺激脚交jootjob | 国产二区av | 久久激情av| 放几个免费的毛片出来看 | 天堂网av2018 | 一二三区中文字幕 | 亚洲两性视频 | 天天综合网久久综合网 | 看免费毛片 |