Chinese Manufacturers Face More EU Import Duties on Solar Panels

摘要

The European Union plans to extend tariffs on imported Chinese solar modules for another two years because the bloc says Beijing's support to the industry distorts the global market. State-backed payments to Chinese solar companies such as Yingli Green Energy Holding Co., constitute unfair subsidies that allow them to sell their panels cheaper than EU peers, according to a letter from the European Commission's Directorate-General for Trade seen by Bloomberg News.