Wednesday, February 22, 2012

US turns up heat on China solar subsidies


t the heart of the dispute is the claim that China pays unfair subsidies to its solar companies.
Gordon Brinser of Solarworld Industries America, has called upon President Barack Obama to impose a tariff barrier on the imports of Chinese solar products.

"The incentives that are provided to the Chinese industry are clearly meant for the export of product into foreign industries to basically take over those markets," he says.

But the head of the Chinese company Suntech, the world's largest producer of solar panels, says Chinese firms are not the only ones in the industry which receive government subsidies.

Shi Zhengrong admits he gets research and development grants from the government, but points out that German companies also get subsidised investment from their own government.
"This is a very young industry which requires government support," he says. Read more at BBC News

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