One-third of that value was supposed to flow to West Virginia, an energy-rich but high-poverty state whose manufacturing and energy workers handed Trump his widest margin of victory in 2016. He captured more than more than 67 percent of the vote.
A month later, Gov. Jim Justice confirmed that timeline."It would not surprise me, within my 10-month window of today, to see shovels in the ground," Justice told a town hall on WSAZ television.But skepticism about the deal surfaced almost immediately. Officials referenced the general areas where would invest, but didn't provide a detailed list of projects or an accompanying timeline.
The goal, according to those involved: Invest in the infrastructure to extract and process the raw materials and send the materials themselves back to China.China's involvement in the power plants was blocked by U.S. officials, who raised national security concerns about an adversary obtaining operating knowledge of a state's power grid.
A hundred miles away from the power plant sites sits an empty asphalt lot on the banks of the Ohio River that was supposed to host the facility that would"crack" the area's abundant natural gas into ethylene. A security guard keeps watch 24 hours a day over the area, overgrown with weeds and surrounded by chain-link fencing and barbed wire.
The Department of Energy says the cracker would produce a million annual tons of ethylene, a petrochemical product used to make zip-close bags and clothing fibers. But the earliest date it could come online under current ownership is 2022,Then there's the Appalachia Storage and Trading Hub, currently in the fundraising and development phase.
"In this case it was backwards," Gaunch told the Talkline host Hoppy Kercheval."We announced the intention to do those projects, and now we're waiting for those projects to materialize."
anticonmandonni China is a much better negotiator than Trump. Trump committed to this and played it up with the media. Now that absolutely nothing has happened, except the scale of the plans have been drastically reduced, Trump is left standing with his jaw hanging open looking like an idiot.
Comedy nights
thanks to Trump┐(´-`)┌
Sorry not after the trade war,most likely mr trump didn't know
Ah TheArtOfTheDeal bet realDonaldTrump made personal money from that trip RemoveTrumpFmOffice VoteAgainst ALL GOP
With Super Trump screwed up US vs China....Well US have to keep dreaming the China dream !!
Well tell them keep waiting. China is out of money and has changed its policy to controlling and Advising.
Ask JoeBiden
Should have got a $1,000 deposit.
Insourcing
LoriLorisuew The tariffs was the answer. Why invest to get taxed more?
These are the same fools waiting for Mexico to pay for a wall..
Just like trump looks like China coned West Virginians also you’re never going to get that investment and who in the hell told you you would. Try growing a brain West Virginia and vote for somebody that really cares about the people in your state Trump is a child
Why do we want China owning more property in USA?
I presume Trump's tariffs more than scuppered THAT idea.
That’s realDonaldTrump’s fault!
business POTUS No wait. it is bad business culture. They Big talk&no act. All perfect business man that know China well, experince this even inside China. In talk billion invest&in real no invest at all.
That would be enough for a ceeement pond and store bought choppers for every hill jack in WV.
Trump should have thought about that before he trampled ZTE and also enroute to crush Huwaei
China,if you are listening.....
China cant make a private deal with a state you morons! $84,000,000,000.000 LOLOLOLOLOLOL!!!!!!!!!!! Dr. Evil voice.... ONE BAZILLION KADRILLION DOLLARS!!!!!!!!!!!!
Well, with President Trump it is impossible
Gee..I wonder why?!!
Too many zeros. Can't remember anymore.
Are you really asking why?
WTF CHINA, WE'RE WAITING!!
Might have better luck with Go Fund Me.
They’re not too sharp down West Virginy way…
If this is the case than we should deduct $84,000,000,000 from what we owe China. And if China continues sending their spies to our country we should deduct billions more.
Lemme guess, did China sell West Virginia The Great Wall?
Huh? A foreign country can’t have a contractual relationship with an individual state, so...?
adamscrabble
Joke’s on you WV. Keep voting red tho.
The Chinese appear to be catching Trump's traits, as in not paying.
China takes its time to decide it likes stable countries for investments...we right now have too many issues for China’s investment strategy!!!
美國各高校,協會,公司和華為簽署了很多協議,在美國政府沒有任何法律條文的支持下,威脅恐嚇這些機構不讓他們與華為合作。
Well call Trump West Virginia
Memo to everyone: you don’t want Chinese help. They foreclose.
Looks like it will have to wait a bit longer
Where is the deal maker? Trump will blame Obama!
NBC News, You have a producer named Kyle Griffin....he such such a far left activist, with a really obvious far left agenda. Wondering if NBC 'News' had a problem employing a far left activist....does it clash with trying to get out real news?
nickwaye Promises from a communist country not coming to fruition? No...
It was probably some private military blaming China.
They just want West Virginia to reserve that little landing field.
I think there’s a tariff war going on. Duh!
UOwlman Kind of like how realDonaldTrump promised to pay his workers.
PatrickLester8 Collateral damage from the trade war IMO
Still waiting, suckers!
We can’t trust USCC_GOV to be honest with the American people China investments
damn communist ! cannot trust them !
well, somebody needs to get on it. lawyers, here is your big chance to involve yourself in an international case between china & west virginia. sounds absure, I know, but I guess it's not.
CCP's promise 🤣
It’s on s slow boat from China
Bbbbb but Spanks makes the best deals.
America is $22 trillion in debt the highest in its history
MoBill First they sent their life savings to free the prince of China
West Virginia, you would need congressional approval to sell yourself to China.
Well maybe Trump shouldn’t have started a trade war.
Fascinating that CNBC interviewed executives in groups of 12. Was there a specific reason for that?
Never accept this much investment from the PRC, just look at the One-belt One-Road policy. PRC having such a large presence doesn't do the host countries a lick of good.
Right... who promised Xi or Trump about Xi? No matter they both lie and rule with propaganda.
Ask Donald. I bet it's 2 weeks away
Lets see how many leftist actually read the article on why it’s all being held up...
🤯
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Forbes - 🏆 394. / 53 Read more »