• Sun
  • Apr 20, 2014
  • Updated: 2:29pm

Sany Group

Sany makes clumsy Zoomlion approach

Sany's quiet purchase of Zoomlion shares may have been a clumsy start to a stealth takeover attempt, reflecting Chinese firms' lack of experience at unsolicited M&A

Thursday, 27 June, 2013, 12:20pm

Court lets stand Obama’s China wind farm ban

A US judge said on Friday she can’t overturn President Barack Obama’s decision to revoke a Chinese company’s purchase of four wind farm projects in the vicinity of a US naval facility’s restricted airspace.

However, US District Judge Amy Berman Jackson said the Ralls Corporation has a right to a hearing over whether the White House should be forced to explain its decision.

23 Feb 2013 - 10:13am

Mainland bosses 'feel brunt' of stock slump

Retail investors might not be the worst-hit victims of the mainland's stock market downturn, new data suggests.

In fact, the top bosses of listed firms might have borne the brunt of the slump, their personal net worth shrinking dramatically.

8 Dec 2012 - 3:46am

Sany urges judge to consider Obama lawsuit

An affiliate of Sany Group, China's biggest machinery maker, urged a United States judge to consider its lawsuit challenging President Barack Obama's decision to block a corporate transaction on national security grounds.

30 Nov 2012 - 2:53am

Communist Party Central Committee not for me, tycoon Liang Wengen insists

One of China's richest men, Liang Wengen, yesterday denied he would become an alternate member of the Communist Party's Central Committee, putting to bed rumours that have persisted since last year.

12 Nov 2012 - 10:54am

Chinese firm says US rejection deters investment

The Chinese company suing President Barack Obama for blocking its planned wind farm projects in Oregon accused the US leader and his government of discrimination on Thursday and warned that the case would deter Chinese investment in the United States.

18 Oct 2012 - 6:14pm 2 comments

Obama blocks Chinese wind farms in Oregon over national security

President Barack Obama blocked on Friday a privately owned Chinese company from building wind turbines close to a Navy military site in Oregon due to national security concerns, and the company said it would challenge the action in court.

29 Sep 2012 - 11:24am