Thursday, May 9, 2013

China warns EU against protectionism on solar panels





Beijing urged the European Union on Thursday to avoid engaging in protectionism, after Brussels proposed an anti-dumping levy on imports of Chinese solar panels.


The EU’s executive arm, the European Commission, is considering a heavy tariff of 47 per cent, an EU source said, as European solar panel makers complain they are being undercut by cheap Chinese imports.


Chinese foreign ministry spokeswoman Hua Chunying told a regular press briefing that China and the European Union were each other’s “most important trade partners”.









via Business feed http://www.scmp.com/news/china/article/1233926/china-warns-eu-against-protectionism-solar-panels

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