China Solar Glass Hit With 5-Year EU Duties in Clean-Energy Spat

The European Union imposed five-year tariffs on solar glass from China to help EU producers counter alleged Chinese subsidies and price-undercutting, heightening trade tensions over renewable energy.

The duties as high as 36.1 percent punish Chinese exporters such as Xinyi PV Products (Anhui) Holdings Ltd. and Zhejiang Jiafu Glass Co. for receiving trade-distorting government aid and selling solar glass in the EU below cost, a practice known as dumping.The glass is used in solar panels, which are themselves the target of European anti-subsidy and anti-dumping levies against China.

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600450 China Solar Glass Hit With 5-Year EU Duties in Clean-Energy Spat
Date: 16 May 2014

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