China, EU 'goodwill' voiced in solar row
Updated: 2013-06-22 01:33
By DING QINGFEN and LI JIABAO (China Daily)
|
||||||||
The solar case is the largest trade investigation the European Commission has undertaken. In 2011, the EU's imports of solar goods from China were valued at 21 billion euros ($27.8 billion).
Experts are worried the solar panel investigation and tariffs will lead to escalating trade disputes between the two sides, developing into a trade war.
"If the solar dispute cannot be solved well, disaster will follow and more industries will be implicated," Yao said.
After the tariffs were applied, China announced an investigation into accusations that the EU is illegally subsidizing and undercutting prices for its exported wines, though denying the probe was linked to the EU move.
The EU later responded by complaining to the World Trade Organization about China charging anti-dumping duties on imports of stainless steel tubes, six months after Japan filed a similar case.
Yao Weiqun, associate president of the Shanghai WTO Affairs Consultation Center, said: "We are against a trade war, but China has to fight back and take retaliatory measures when needed."
- Obama nominates new FBI director
- Lucky winners get 'best jobs'
- 'Americans In China' fashion show
- In with old and in with new
- Pact to boost cross-Straits service trade
- Foreigners in Tianjin find a fresh goal to aim for
- LeBron leads Heat to second straight title
- Singapore haze at worst yet, schools shut
Most Viewed
Editor's Picks
Passing down the business |
Pumping up power of consumption |
From China with love and care |
From the classroom to the boardroom |
Schools open overseas campus |
Domestic power of new energy |
Today's Top News
Agreement heralds further cross-Straits service trade
'Goodwill' voiced in solar row
US files charges against Snowden
Investment in US to create jobs
Economic confidence levels drop
Major source for Beijing water plan 'polluted'
Foreigners in Tianjin find a fresh goal to aim for
Jet exporter to spread wings abroad
US Weekly
Geared to go |
The place to be |