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>That happened in 2012, the only legal challenge to CFIUS since it was established in 1975, when Chinese-based Sany Group’s affiliate Ralls Corp. bought wind fa
by casefields 6y ago
>That happened in 2012, the only legal challenge to CFIUS since it was established in 1975, when Chinese-based Sany Group’s affiliate Ralls Corp. bought wind farms in Oregon. Then- President Barack Obama ordered Ralls to not only divest the wind farms, but also forced it to remove items added to the facilities, including concrete foundation, and barred employee access to the premises. Sany complied.
https://www.reuters.com/article/us-usa-tiktok-trump-breakingviews-idUSKBN24Z05O https://www.reuters.com/article/us-usa-tiktok-trump-breaking...
- superhuzza 6y agoIt sounds like a different situation to me - In the Sany case the projects were simply blocked, there was no question of paying off the treasury department so the deal could happen.