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Sany vows to continue legal battle with Obama

2012-11-30 13:50 CNTV     Web Editor: yaolan comment

In September, US president Barack Obama blocked a wind farm purchase deal of China's Sany Group. The first time that a American president used his power to veto business transaction on US soil in 22 years.

Fighting back, the company then sued him for exceeding his constitutional rights. It was also the first time that a Chinese business dared to so. This Wednesday, the US District Court in Washington held a preliminary hearing to determine whether the court actually has the right to handle the Sany case or not. Sany says Obama's move has seriously undermined the confidence of Chinese firms and that it will "fight to the end".

At the Columbia District Court in Washington, a preliminary hearing has come to a close. But it has not yet decided on whether to accept the Sany case. The court is expected to announce its decision in 30 days.

Last month, Sany filed a complaint against Obama and the Committee on Foreign Investment in the United States. It claimed that the president's order of preventing it from building a wind farm in Oregon exceeded his constitutional rights.

Xiang Wenbo, president of Sany Group, said, "I find it very strange that the US says our project is threatening the national security while the projects of other countries are running as normal there. The US hasn't provided any strong or convincing evidence. We will deal with it in a legal way."

Sany's lawyers maintain that the company will take the case to the U.S. Supreme Court if the district court rejects it.

Xia Tingkang, lawyer of Sany Group, said, "We are ready to take the case to the higher court if the district court doesn't accept our case."

Wu Jialiang, CEO of Ralls Corporation, hopes the court will issue an unbiased and fair ruling.

Wu Jialiang said, "We should be given a just ruling that Sany's project is an ordinary commercial action rather than a national security threat. Also we will seek proper compensation."

Sany is not the only one that has encountered hurdles of entering the American market. The US government has also attempted to block Huawei and ZTE on national security concerns.

Some experts say there is a slim possibility Sany will win the case. But the high profile battle is a landmark in Chinese companies' increasingly bold strategy of investing abroad.

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