China calls on US to rescind solar-cell duties

  • Maserati recalls 692 cars in China

    Maserati recalls 692 cars in China

    Maserati recalls 692 cars in China

    Maserati, which is part of Italian car maker Fiat, will recall 692 cars in China due to a defect that could increase the risk of a crash, the Chinese quality watchdog said Friday.

  • Air Liquide reveals deal in Chinese nylon production

    Air Liquide reveals deal in Chinese nylon production

    Air Liquide reveals deal in Chinese nylon production

    French industrial gases group Air Liquide has won a "major" long-term contract with a group in China accounting for 12.0 percent of the production of nylon for the Chinese textile industry, Air Liquide said on Friday.

  • Taiwan lowers annual growth expectations

    Taiwan lowers annual growth expectations

    Taiwan lowers annual growth expectations

    Taiwan lowered its expectations for 2013 economic growth on Friday, citing a weaker global economic outlook and slower consumer spending.

  • Li visit raises landmark Swiss-China trade deal

    Li visit raises landmark Swiss-China trade deal

    Li visit raises landmark Swiss-China trade deal

    China's Premier Li Keqiang was poised on Friday to sign a key accord with Switzerland bringing closer a free-trade deal seen as a touchstone for Beijing's growing global ties.

  • China inks accord with US to share audit files

    China inks accord with US to share audit files

    China inks accord with US to share audit files

    China has signed an agreement with the United States to share company audit files, it said Friday, paving the way for more probes into accounting scandals involving Chinese firms listed in the US.

Beijing on Thursday urged the United States to rescind hefty anti-dumping and anti-subsidy duties on China's solar-cell makers amid an intensifying row in the sector dominated by Chinese companies.

The US Commerce Department on Wednesday issued a final confirmation of its May finding that Chinese producers and exporters had been selling solar cells into the United States at artificially low prices, and put the anti-dumping duties at between 18 percent and 250 percent.

Meanwhile, it put countervailing duty levels, originally set in March to offset China's subsidies, at 15-16 percent, mainly to counter an "export buyer's credit" from the Chinese government.

China's Commerce Ministry expressed "strong dissatisfaction" with the US decision and said it hoped Washington would "amend its mistaken ways" and terminate the duties "as soon as possible".

The US Commerce Department measures must still be confirmed by the US International Trade Commission, which is expected to rule by November 23.

US rivals say state subsidies have helped Chinese exporters to dominate the market for the products.

The US named Suntech Power, the world's largest maker of solar cells, and another large producer, Trina Solar, as key offenders, but said at least 60 other Chinese companies would also be hit with anti-dumping charges.

China on July 20 launched its own investigation into alleged US subsidies for and dumping of a kind of polysilicon used to produce solar batteries, in apparent retaliation for the US findings.

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Odd Stories

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