China says US duties 'obstruct renewable energy development'

China condemned the measures against solar imports into the US

China condemned the measures against solar imports into the US

China accused the US of “inciting trade friction” and “obstructing the development of renewable energy” after Washington maintained anti-dumping and anti-subsidy duties of up to 249% on Chinese solar cell imports.

In a statement, Shen Danyang, spokesman for the Ministry of Commerce, expressed China’s “strong dissatisfaction” with the US Department of Commerce ruling, saying that the US has “sent a negative signal of trade protectionism to the whole world”.

“We hope the US will correct its erroneous practice with early termination of the trade remedy measures,” he adds.

The US decision is another blow to Chinese solar companies already struggling to generate cashflow amid ongoing price declines driven by a huge glut in capacity.

While the final decision by the US International Trade Log in to read complete article.

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