China dumping solar cells - US

2012-05-18 09:28
China has emerged as the dominant player in solar panel production. (AP)

China has emerged as the dominant player in solar panel production. (AP)

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Washington - The US ruled on Thursday that China is dumping solar cells into its market at large margins, setting the stage for likely hefty anti-dumping duties on imports from China.

In a move likely to step up trade tensions between the world's two largest economies, the Commerce Department said it had found that Chinese solar cell producers and exporters had been selling solar cells into the US at dumping margins ranging from 31% to 250%.

It named Suntech Power, the world's largest maker of solar cells, and another large producer, Trina Solar, and their subsidiaries as key offenders, but said at least 59 other companies would also be hit with anti-dumping duties.

The ruling, a preliminary decision to be confirmed by the department by October, follows a March ruling that said China was unfairly subsidising solar cell exports and set preliminary countervailing duties of 2.9% to 4.7%.
Read more on:    us  |  china  |  renewable energy

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