Hawk, here's a possible scenario about what might be going on:
The sentence by the Wisconsin federal court looks like it might have been rigged to give Sinovel a face saving way out. Consider the issues faced by the administration. They placed a tariff on Chinese steel, aluminum, and various kinds of electronic devices that they claim unfairly compete with the U.S., affecting national security. Meanwhile, China retaliated with tariffs designed to hurt producers, in heavily Republican states, such as soybean farmers. The the U.S. banned the sale of electronic components to ZTE on the legitimate grounds that ZTE failed to comply with sanctions on electronic equipment destined for Iran. Meanwhile, China stalls on granting approval of the Qualcomm – NXP merger, clearly as leverage to persuade the U.S. to drop its tariffs on Chinese goods. On top of that is the purported $500 million loan to developers in Jakarta, Indonesia who plan to build a Trump branded hotel, gold course, and related facilities, which loan has not yet been approved. So my question is, if the U.S. goes easy on ZTE and Sinovel, does that persuade the Chinese to approve the Qualcomm NXP merger and also the $500 million loan?
These backroom deals, if that's what they are, make life difficult for investors.
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