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China's solar industry acknowledges trade hurdles

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Tuesday, August 21, 2012

After the U.S. Commerce Department imposed anti-dumping and anti-subsidy tariff's in response to complaints by U.S. manufacturers such as SolarWorld, Chinese manufacturers face declining margins and exports.

China’s solar panel manufacturers, who dominate global sales with a two-thirds market share, are confronting growing trade and financial problems, a Chinese industry official acknowledged Tuesday, shortly before one of the industry’s largest companies, Trina Solar, announced weak results for the second quarter.

Read more in today's New York Times.

{biztweet}China solar manufacturers{/biztweet}

 

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