China, EU strike deal on trade in polysilicon

Move comes ahead of President Xi's 4-nation trip to Europe this month

China and the European Union announced on Thursday they have settled a trade dispute over polysilicon products just ahead of President Xi Jinping's four-nation trip to Europe.

The Ministry of Commerce and German polysilicon producer Wacker Chemie AG said that an agreement has been reached to settle the long-standing dispute through a price undertaking.