China launches probe of European solar silicon

Nov 01, 2012

China announced an anti-dumping probe Thursday of European exports of polysilicon used in making solar panels, adding to a flurry of trade disputes with the European Union and the United States.

Beijing's latest probe follows the EU's launch of an investigation in September into whether Beijing was improperly subsidizing exports of . The Ministry of Commerce announcement gave no indication when a verdict might be issued.

China and its trading partners pledged after the 2008 to avoid taking action that would hamper trade but have launched a series of anti-subsidy investigations and imposed punitive tariffs on some goods.

The Ministry of Commerce said it would look into whether European producers of silicon were improperly being subsidized or were dumping their goods, or selling them at unfairly low prices, in foreign markets.

Solar and other is especially sensitive because governments that are under pressure to cut high unemployment see it as a growth industry and source of well-paid jobs.

Washington imposed tariffs of up to 250 percent on imports of Chinese-made solar panels this year to counter what it said was improper subsidies to the industry.

The disputes have added to financial pressure on Chinese and other solar equipment producers that are suffering heavy losses due to lower sales and a price-cutting war.

Last month, Germany's announced it will give up its money-losing solar business due to "strong price pressure." The company said it was in talks with possible buyers.

Other Chinese disputes with the 27-nation EU, its biggest trading partner, and the United States involve market access, possible subsidies or other trade conditions for steel, auto parts, and other goods.

China's Ministry of Commerce demanded in August that Washington stop support for six wind, solar and other renewable energy projects in the United States that it said violated free trade rules. It gave no indication of possible penalties.

Explore further: Yahoo sees signs of growth in 'core' (Update)

not rated yet
add to favorites email to friend print save as pdf

Related Stories

China says US energy projects violate free trade

Aug 21, 2012

(AP) — China's government has ruled that U.S. government support to six American solar and wind power projects violates free trade rules, adding to strains between Beijing and its trading partners over renewable energy.

China rejects US ruling in solar dumping case

May 18, 2012

(AP) -- China's government on Friday rejected a U.S. antidumping ruling against its makers of solar power equipment and Chinese manufacturers warned proposed punitive tariffs might hurt efforts to promote clean energy.

EU probes Chinese solar panel 'dumping' claim

Sep 06, 2012

The European Commission launched an anti-dumping probe into Chinese solar panel imports Thursday, upping the ante in a major trade dispute Beijing insists should be solved by discussion.

US affirms steep tariffs on China solar panels

Oct 11, 2012

(AP)—The Obama administration upheld steep tariffs on Chinese solar panels Wednesday, finding that improper trade practices have undermined an American solar industry that the largest U.S. manufacturer says is in the midst ...

Recommended for you

Yahoo sees signs of growth in 'core' (Update)

11 hours ago

Yahoo reported a stronger-than-expected first-quarter profit Tuesday, results hailed by chief executive Marissa Mayer as showing growth in the Web giant's "core" business.

Twitter buys data analytics partner Gnip

14 hours ago

Twitter says it has bought its data partner Gnip, which provides analysis of the more than 500 million tweets its users share each day—to advertisers, academic institutions, politicians and other customers.

Zebra to spend $3.45B on Motorola business

18 hours ago

Zebra Technologies is spending more than $3 billion to buy the enterprise business of Motorola Solutions in a considerable expansion that is both technological and geographical.

Relativity's last-minute bid for Maker rebuffed

23 hours ago

Relativity Media, a film financier and movie distributor, was rebuffed in a last-minute bid for Maker Studios, the YouTube video creator that had agreed to be bought by The Walt Disney Co. last month.

User comments : 1

Adjust slider to filter visible comments by rank

Display comments: newest first

VendicarD
not rated yet Nov 01, 2012
Socialist China just keeps on winning against Capitalism.

More news stories

Patent talk: Google sharpens contact lens vision

(Phys.org) —A report from Patent Bolt brings us one step closer to what Google may have in mind in developing smart contact lenses. According to the discussion Google is interested in the concept of contact ...

Wireless industry makes anti-theft commitment

A trade group for wireless providers said Tuesday that the biggest mobile device manufacturers and carriers will soon put anti-theft tools on the gadgets to try to deter rampant smartphone theft.