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Wednesday, September 26, 2012

European Solar Group Seeks Wider China Trade Inquiry

The following is an excerpt from an article in:


The New York Times
Wednesday, September 26, 2012

European Solar Group Seeks Wider China Trade Inquiry

By JAMES KANTER

BRUSSELS — Solar manufacturers called on European Union regulators on Tuesday to expand an investigation in China because of concerns that it unfairly subsidizes its clean energy industry.

The complaint is the second by EU ProSun, a group of European solar equipment manufacturers.

Because of an earlier allegation by the group, the European Commission is already investigating whether Chinese manufacturers sold solar equipment for less than the cost of making it.

That so-called antidumping investigation is the biggest case of its kind in terms of value, covering imports from China worth 21 billion euros, or $27 billion.

In the new complaint, EU ProSun asked the commission to look into whether Chinese state banks and the central government offered support that was illegal under World Trade Organization rules.

For more, visit www.nytimes.com.

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