Chinese solar products suffered another countervailing actions
European manufacturers of solar panels uk cost to the European Union (EU) on September 25 filed a new trade litigation, accused Chinese manufacturers of illegal government subsidies. The claims of the tariffs of solar products imported from China. Here, the Bloomberg New Energy Finance released data show that since 2010, the State Development Bank of China 12 Chinese solar companies provide a total of 33 billion euros in credit lines.
This is the European Union in recent years, the maximum time for a single country and a single industry anti-dumping investigations, the EU involved in the largest along with trade disputes - in 2011, China exported a total of about 21 billion euros of EU PV products.
Trade lawyers said, with respect to the case of the anti-dumping and countervailing duty cases are much less common in Europe, partly because of the countervailing case is more difficult burden of proof. By lifting the "dual" litigation, EU companies may eventually successful Chinese competitors face higher tariffs.
This indicates that European manufacturers further escalation of legal action against Chinese competitors.
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