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...Paulo Fernando Soares, China chief executive for Indian wind-turbine maker Suzlon Energy, says his company has successfully bid for provincial-level projects, but Suzlon and all other foreign firms have been shut out of national-level wind-base projects in Gansu, Hebei and Inner Mongolia. While the Chinese manufacturers are able to sell turbines cheaper than foreign firms, Soares argues they can't match foreign-made equipment in terms of reliability and overall track record. "The Chinese government has decided that they want to develop wind bases, that they want to promote a local industry and that they want...
...lead in later phases of construction. A similar pattern appears to be playing out in alternative energy. Foreign wind-turbine manufacturers held nearly 60% of the Chinese market in 2006. By last year that position was reversed, with Chinese firms taking 74% of new installations, says Jun Ying, chief China representative for the consulting firm New Energy Finance. In fact, the number of Chinese turbine manufacturers has expanded so rapidly that the government, fearing a glut, warned in October that applications for new factories might not be approved...
...firms routinely arrange exchanges on their own. But cultivating those relationships takes time and presents numerous hurdles. "Many direct-barter transactions don't succeed outside of our network because businesses have to match one another in timing and interest," says Wayne Sharpe, Bartercard's founder and chief executive. While a restaurant owner may need $10,000 worth of printing services in the next week, it's unlikely that any printshop owner will need the $10,000 worth of fish and chips that the restaurant can provide in return. "With our service, the transaction is complete," Sharpe says. "The restaurant owes...
Responding to a spate of attacks by Taliban militants that killed more than 100 people in the first three weeks of October, Pakistan's government launched a new offensive in insurgent-plagued South Waziristan that it dubbed Operation Path of Riddance. Pakistan's army chief requested the support of the area's Mehsud tribe, whose members fill many of the Taliban's top posts. Thousands of civilians fled the region, where 30,000 troops were fighting...
...that position, critics say, is par for the course for Donohue, who has shown relatively little interest in expanding corporate transparency. One of his chief innovations has been a stealth corporate advocacy program, which encourages firms to funnel funds into special chamber accounts to pay for advocacy campaigns run under the chamber's banner, without mention of the company paying for the ad or their stake in the fight...