terça-feira, 22 de novembro de 2011

Latest developments on the solar trade war

According to the NYTimes.com, chinese solar panel makers plan to shift some of their production to South Korea, Taiwan and the United States in hopes of defusing a trade case pending against them in Washington, according to industry executives.

While Greentech Media claims that domestic Chinese manufacturers have asked their Ministry of Commerce to launch a dumping and subsidy investigation into sales of U.S. solar cells in China, according to China Daily. The China Photovoltaic Industry Alliance (CPIA) is finalizing a complaint alleging that U.S. manufacturers are selling their products at prices below cost in China, according to the same article. The Chinese alliance is also preparing another petition regarding an investigation into subsidies allegedly received by U.S. manufacturers. Recall that the SolarWorld claim identifies a number of subsidies that China's government provides to their solar industry, including below-market costs on raw materials and discounts on energy and land. CASE, a U.S. organization comprised of MEMC and a number of downstream players disagrees with the trade action as a strategy.

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