国际英语新闻:Chinese solar companies form alliance for U.S. antidumping investigation
Statistics from CCCME show that China has imported raw materials for PV products worth 2 billion U.S. dollars from the U.S. annually in the past two years, and its expenses for transferring technologies and importing equipment totalled more than 3 billion U.S. dollars.
Worried about the influence of the preliminary decision made by the U.S., Phono Solar Technology reduced PV product exports to the U.S. as of April and has begun to explore the domestic market, Yuan said.
The cost of PV products exported to the U.S. will increase about 36 percent if the additional antidumping duties are imposed, said Chen Deyin, vice president of the Shanghai-based JA Solar Holdings Co., Ltd., suggesting the move will bring harm to manufacturers in both countries.
Declining demand from the EU market as a result of the European debt crisis coupled with the move on the part of the U.S. will negatively influence China's PV companies, said Shen Yuliang, an expert from the Shanghai Institute of Foreign Trade.
The government and PV companies should focus on improving export strategies and exploring the domestic market, Shen added.
On May 16 local time, the U.S. Commerce Department announced its affirmative preliminary determinations in antidumping duties on Chinese PV cells, whether or not assembled into modules, imposing levies of 31.14 percent to 249.96 percent on Chinese producers and exporters.
China's Ministry of Commerce (MOC) said on May 18 that the preliminary ruling by the U.S. on China-made solar cells sends "negative signals of trade protectionism" to the world, urging the U.S. Commerce Department to "right the wrongs" in upcoming probes and avoid unfair rulings.
The preliminary results will be reviewed by the Commerce Department in October and the International Trade Commission in November.
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