The European Union began a broad investigation Thursday into whether Chinese companies have exported solar powerequipment for less than the cost of making it, in what amounts to history’s biggest anti-dumping investigation by value. The case covers imports from China worth €21 billion, or $26.5 billion, last year, a hefty 6.5 percent of all E.U. imports of Chinese goods. The European case is four or five times larger by value than a similar investigation under way in the United States, because the Union is the biggest export market for Chinese solar panels. (...) European leaders including Chancellor Angela Merkel of Germany, wary of retaliation by China, had urged the commission to seek a negotiated solution. China could, in response, impose duties on products it imports from Europe, including polysilicon, one of the main components of solar panels. (...) EU ProSun [coalition of companies assembled by SolarWorld ], said China had been dumping solar panels on the European market for two years, contributing to the bankruptcy of 20 European manufacturers this year alone. Milan Nitzschke, the president of EU ProSun and a vice president of SolarWorld, said that prices of Chinese solar equipment sold in Europe would have been 60 percent to 90 percent higher last year had the products not been dumped on the market.
sexta-feira, 7 de setembro de 2012
Europe Investigates Chinese Solar Panels
NYTimes.com
The European Union began a broad investigation Thursday into whether Chinese companies have exported solar powerequipment for less than the cost of making it, in what amounts to history’s biggest anti-dumping investigation by value. The case covers imports from China worth €21 billion, or $26.5 billion, last year, a hefty 6.5 percent of all E.U. imports of Chinese goods. The European case is four or five times larger by value than a similar investigation under way in the United States, because the Union is the biggest export market for Chinese solar panels. (...) European leaders including Chancellor Angela Merkel of Germany, wary of retaliation by China, had urged the commission to seek a negotiated solution. China could, in response, impose duties on products it imports from Europe, including polysilicon, one of the main components of solar panels. (...) EU ProSun [coalition of companies assembled by SolarWorld ], said China had been dumping solar panels on the European market for two years, contributing to the bankruptcy of 20 European manufacturers this year alone. Milan Nitzschke, the president of EU ProSun and a vice president of SolarWorld, said that prices of Chinese solar equipment sold in Europe would have been 60 percent to 90 percent higher last year had the products not been dumped on the market.
Reaction: Chinese PV manufacturers respond to EU dumping investigation
The European Union began a broad investigation Thursday into whether Chinese companies have exported solar powerequipment for less than the cost of making it, in what amounts to history’s biggest anti-dumping investigation by value. The case covers imports from China worth €21 billion, or $26.5 billion, last year, a hefty 6.5 percent of all E.U. imports of Chinese goods. The European case is four or five times larger by value than a similar investigation under way in the United States, because the Union is the biggest export market for Chinese solar panels. (...) European leaders including Chancellor Angela Merkel of Germany, wary of retaliation by China, had urged the commission to seek a negotiated solution. China could, in response, impose duties on products it imports from Europe, including polysilicon, one of the main components of solar panels. (...) EU ProSun [coalition of companies assembled by SolarWorld ], said China had been dumping solar panels on the European market for two years, contributing to the bankruptcy of 20 European manufacturers this year alone. Milan Nitzschke, the president of EU ProSun and a vice president of SolarWorld, said that prices of Chinese solar equipment sold in Europe would have been 60 percent to 90 percent higher last year had the products not been dumped on the market.
Subscrever:
Enviar feedback (Atom)
Mensagens
Sem comentários:
Enviar um comentário