Since WWII US has been a major exporter of technology to less developed countries often financed by US Export Import Bank.
How times have changed.
In today's Wall Street Journal (Oct 30, 2009) I cannot for some reasons access there is this story:
..."A Chinese wind turbine company, with financing help from Beijing, has struck a deal to be the exclusive supplier to one of the largest wind farm developments in the US.
The 36,000 acre development in West Texas would receive $1.5 billion in financing through Export-Import Bak of China."...
Saturday, October 31, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment