Merkel Seeks Solar Talks Preventing Anti-Dumping Chinese European Biz

Via Bloomberg News

German Chancellor Angela Merkel seeks talks involving the European Commission and Chinese authorities to prevent the opening of anti-dumping proceedings against Chinese solar-panel makers in Europe.

Merkel proposed trying “to solve the problems in the solar sector so one can prevent that an anti-dumping case has to be opened,” she told reporters today in Beijing. “There’s still time, and it would be better to solve this in talks.”

Solarworld AG (SWV)Germany’s biggest panel maker, is leading a push by about 25 European manufacturers for the commission to probe whether Chinese rivals sold products at a loss on regional markets. The U.S. has proposed anti-dumping duties ranging from 31 percent to 250 percent on Chinese solar manufacturers after the Commerce Department in May ruled they sold products below costs.

For the Entire Story on Bloomberg News

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