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Sany VP expresses confidence in lawsuit against Obama (2)

By Fang Yunyu and Duan Congcong (Global Times)

09:53, November 30, 2012

"The recent barrage of business disputes between Chinese companies and the US authorities, especially the ongoing lawsuit filed by Sany Group, demonstrates that the US government doesn't trust China as a business partner," He Weiwen, co-director of the China-US-EU Study Center under the China Association of International Trade, told the Global Times Thursday.

He noted that Chinese companies will need to adopt a more prudent investment strategy on US soil, such as conducting prior communications with local US authorities regarding planned projects, to make sure future business operations go smoothly.

The US House of Representatives Intelligence Committee released a report last month, claiming that Chinese companies Huawei Technologies Co and Zhongxing Telecommunication Equipment Corporation (ZTE) posed a possible threat to US national security.

Mei Xinyu, a researcher with the Chinese Academy of International Trade and Economic Cooperation affiliated to the Ministry of Commerce, told the Global Times Thursday that he thinks the reasons behind the recent trade disputes between Chinese companies and the US is not only trade protectionism, but also the US firms' attempts to halt their Chinese rivals' development.

Both Mei and He Weiwen noted that the chance of the US court accepting Sany's lawsuit remains "slim," as Chinese companies are usually not familiar with the judicial system and regulations in the US.

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