CHINA yesterday started a probe into alleged US dumping of solar products and government subsidies for the sector, the latest volley in a trade row between the world's top two economies.
The Ministry of Commerce will investigate whether US companies sold the kind of polysilicon used to produce solar batteries at artificially low prices in China, it said in a statement. Products made in South Korea will also be included in the probe, it said.
In addition, China will look into alleged US state subsidies for the sector, including tax exemptions, supplying land free of charge and granting public funds for job training, the ministry said. "The Ministry of Commerce will investigate the dumping and subsidy situations ... and the harms they caused to the industry in China and come to a ruling according to the law," it said.AFP
Saturday, July 21, 2012
Feel free to comment on this article using your Facebook account. By submitting your comment, you agree to the Terms and Conditions for the use of this comments feature, as stated here.