US solar dumping case antagonises China
A US anti-dumping case which has come down against China has created tensions between the two countries.
US-Chinese trade relations are likely to be heading lower after a preliminary ruling by the US Commerce Department said Chinese producers sold solar cells and panels below fair price, hurting American producers.
The Commerce Department started the investigation following complaints by US producers after bankrupt solar-panel maker Solyndra cited Chinese competition as one reason behind its failure.
Three major Chinese manufacturers who were named have said they are not prepared to accept a ruling that may see tariffs averaging 31 percent being imposed upon their solar-panel imports.
In the past, some Chinese manufacturers are alleged to have received government support in the form of low-cost access to land, bank loans and other resources.
In fact, both sides have accused each other of violating free-trade pledges by subsidizing their own manufacturers.
Source: United States News.Net
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