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China warns EU over anti-dumping

With the recent decision to impose the registration of all Chinese exports in preparation for a retrospective tax once a decision on the anti-dumping duties has been made, a Chinese representative has clearly stated China’s opposition to the tax.  

In a transcript published by the Ministry of Commerce of the People’s Republic of China (MOFCOM), deputy representative Chong Quan called on the EU to ‘seriously consider China’s suggestions to settle the dispute through dialogue’ to find a solution acceptable to both sides.

Quan continued: “If the EU stubbornly insists on handicapping the product, seriously damaging the interests of Chinese companies, the Chinese government will not idly stand by.”

Insisting that any potential duties could hamper future relations, having a negative impact on the economic and trade relations with the EU, Quan noted that the Chinese PV export market was worth $200 billion last year with the EU accounting for more than 70% of that. In addition to this, MOFCOM estimates that the EU anti-dumping case will affect more than 40 million Chinese workers, and as a result the Chinese government attaches ‘great importance’ to the case.

The UK solar industry is thought to be one of the PV markets that could be impacted by the decision to impose duties on Chinese solar products as, currently, more than 80% of solar installed in the UK originates from China.

A decision from the European Commission in regards to the anti-dumping duty is expected in June.

Posted by:Ecolution Products Limited

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