Pakistan Today

Throwinlight over trade war

Four leading solar cell manufacturers in China on Thursday warned a possible EU anti-dumping investigation could trigger a “trade war” and urged Beijing to step in to protect their interests. German cell maker SolarWorld AG has reportedly requested the European Union to probe alleged dumping by Chinese firms, said a joint statement by Yingli Green Energy, Suntech Power Holdings Co., Trina Solar and Canadian Solar, which is headquartered in Canada but manufactures in China. The move came on the heels of a US decision in May to slap hefty anti-dumping duties on Chinese solar cell makers, which Beijing blasted as “protectionist”.
The companies called on the Chinese government to block the case by opening a dialogue with the European Union to prevent a trade war.

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