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Re: HMB2010 post# 1702

Sunday, 08/12/2012 2:32:32 PM

Sunday, August 12, 2012 2:32:32 PM

Post# of 22017
I hope the A123 Wanxiang deal will be approved soon. Wanxiang is very good at "Making the government your partner too"; I bet A123 was good at it too, at least they had a honeymoon, right?

http://www4.gsb.columbia.edu/chazen/globalinsights/article/7228717/The+Messy+Path+to+Clean+Energy
Make the government your partner too. Wanxiang America has worked with numerous local governments as it built solar projects in the U.S. For example, it received more than $4 million in federal American Recovery and Reinvestment Act funds to build the Rockford (Illinois) Solar Project, the largest photovoltaic solar development in the Midwest.

http://www.bloomberg.com/news/2012-02-26/china-s-billionaire-lawmakers-make-u-s-peers-look-like-paupers.html
The third-richest person in the NPC(China’s National People’s Congress), auto-parts magnate Lu Guanqiu(the big boss of WanXiang), traveled with Vice President Xi Jinping to the U.S. during his official visit this month, attending a meeting with Vice President Joseph Biden and Treasury Secretary Timothy F. Geithner in Washington on Feb. 14.


http://www.wanxiang.com/

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