It’s easy to think China has a master plan for buying up the world when you see New York Times headlines gush, “

Chinese and U.S. Partners to Build Big West-Texas Wind Farm”:

“Construction of the $1.5 billion wind farm would be funded largely by Chinese financiers, with an assist from the United States government in the form of loan guarantees and grants from the federal stimulus package.”

Look a bit more closely, and it seems the American government has given the overwhelming number of awards for alternative energy research and implementation projects to foreign companies. Investigative Reporting Workshop cites that instead of the American government encouraging homegrown wind machinery producers, it’s giving the cash incentives to foreign producers, mostly European, it seems.

“The reliance on foreign companies for development of wind energy appears to be at least partially tied to the U.S. government’s resistance to subsidize a home-grown wind energy industry until now. With so few U.S. companies in the business, the door was open for foreign companies to walk away with the bulk of the grants. European companies, in particular, are well positioned to collect stimulus benefits for clean energy.”

So if the door is wide open and the welcome mat put out for foreign – including Chinese – producers, who can blame them for making themselves comfortable in The Land of Opportunity?