A founder of one of China’s leading companies has branded Barack Obama and US regulators as “petty scoundrels” in the latest exchange over restrictions on Chinese companies’ access to the US market.
Xiang Wenbo, one of China’s richest men and a founding member of the Sany Group, lashed out at US regulators yesterday in an unusual outburst that highlights rising commercial tensions between the world’s largest economies.
“They are petty scoundrels who can’t be reasoned with,” said Mr Xiang, referring to the Committee on Foreign Investment in the US and President Obama, who last month blocked a Sany-affiliated wind farm in Oregon on national security grounds.
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