Friday, September 28, 2012

Obama blocks Chinese firm's purchase of four US wind farms

Guardian: Barack Obama has revoked a Chinese company's acquisition of four wind farms, citing national security for the first time in two decades against a foreign investor. The executive order from the White House on Friday, against the privately held Ralls Corporation, follows accusations from Mitt Romney that Obama has failed to stand up to Chinese businesses. The president said in the executive order he had "credible evidence" that Ralls "might take action that threatens to impair the national security...

URL: http://www.guardian.co.uk/environment/2012/sep/28/obama-blocks-chinese-firm-wind-farm
Enclosure: http://static.guim.co.uk/sys-images/Guardian/Pix/audio/video/2012/9/28/1348866548019/Wind-farm.-008.jpg

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