Beijing accuses U.S. of trade violations

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Friday, May 25, 2012

China accused the U.S. government of violating free-trade rules through support for six renewable energy projects.

The United States and China, the world’s two biggest energy users, have pledged to work together to develop renewable sources. But they accuse each other of improperly subsidizing or protecting their manufacturers.

Beijing’s investigation began two weeks after Washington announced an anti-dumping investigation involving Chinese solar power equipment. The resulting ruling came after the U.S. Commerce Department concluded last week that Chinese manufacturers were selling solar cells and panels at improperly low prices and proposed raising import tariffs.

Read more at The New York Times.

{biztweet}china trade{/biztweet}

 

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