After a strong year in 2017, many of China's PV manufacturers announced investments into major capacity expansions, expecting future demand to keep growing. China's May 31 announcement, however, is set to slash demand for 2018. At the beginning of the year, no one expected Chinese demand to go any-where but up. For the previous two years, demand had surpassed all expectations and grown to unprecedented levels. At the start of 2018, it seemed that the industry had got the message - do not underestimate Chinas module manufacturers, or the nations ability to quickly install huge amounts of new solar.
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