EU blinks first as China flexes its solar muscles

Premier Li Keqiang's personal intervention in Beijing's €20 billion (HK$202.7 billion) solar panel dispute with Brussels signals a more direct approach to trade diplomacy in key strategic industries.

Li's last-minute call to European Commission chief Jose Manuel Barroso on Monday secured a two-month window to further talks on a solution.

Jia Qingguo, a professor in international relations at Peking University, said the importance of the sector had likely triggered Li's intervention.

via Business feed http://www.scmp.com/business/china-business/article/1254325/eu-blinks-first-china-flexes-its-solar-muscles