Attention

The opinions expressed by columnists are their own and do not represent our advertisers

Friday, December 02, 2011

Chinese Companies Prepare To Move To Dodge U.S. Solar Tax

Chinese solar manufacturers are considering shifting production to other countries to avoid tariffs that may result from a trade complaint.

LDK Solar Co. and JA Solar Holdings Co. said today they may move some manufacturing operations if the U.S. imposes duties on solar products imported from China. Suntech Power Holdings Co., the world’s largest solar-panel maker, said the trade dispute would be “extremely damaging to the entire U.S. solar industry.”

The statements, made during conference calls with analysts today, show that Chinese solar companies are developing strategies to avoid potential duties, and that the complaint may not provide U.S. manufacturers the relief they are seeking.

More

No comments: