Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • International
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • International
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Business, Financials
November 29, 2011

Chinese solar companies reject US trade complaint

BEIJING, China — LEADERS of China’s solar power industry rejected a US trade complaint that they receive unfair government support and said yesterday possible sanctions would hurt American consumers and development of clean energy.

Solar and other renewable energy technology has emerged as an irritant in US-Chinese trade. The two governments have pledged to cooperate in development but accuse each other of violating free trade pledges by subsidising their own manufacturers.

The chairmen of four of China’s biggest solar companies, including Suntech Power Holdings Co and Yingli Green Energy Holding Co, said at a news conference that their success comes from more advanced technology and skilful management.

“If you ask whether the solar industry in China has received special treatment or special support, the answer is no,” said Suntech’s Shi Zhengrong, one of the solar power industry’s most successful entrepreneurs.

Beijing is promoting renewable energy both to curb rising demand for imported oil in the world’s second-largest economy and in hopes of creating a profitable technology export industry. It gives research grants and tax breaks to developers but says they are in line with those given by other governments and comply with free trade rules.

China’s producers of solar panels and equipment grew rapidly over the past decade as they supplied demand from Germany, Spain and other markets where power companies were required to meet renewable power production quotas.

The US Commerce Department launched an investigation this month into complaints that Chinese companies were exporting solar panels and equipment to the United States at less than fair value. A final ruling is due in July. If the complaint is upheld, the US government could impose punitive tariffs.

The case has attracted unusual attention for a trade complaint following the bankruptcy of solar-panel maker Solyndra LLC, after the California-based company received a US$528- million US government loan.

Last week, China’s Commerce Ministry announced its own trade probe into whether US government support for producers of wind, solar and other renewable energy technology is an improper trade barrier.

Also at yesterday’s news conference were Yingli chairman and CEO Miao Liansheng; Gao Jifan, chairman and CEO of Trina Solar Ltd; and Qu Xiaohua, chairman and CEO of Canadian Solar Ltd, headquartered in Ontario with factories in China.

If Washington imposes sanctions, one result will be a loss of American jobs because US companies are both buyers of Chinese products and suppliers of materials, the companies said in a statement. They said Chinese manufacturers spend some US$2 billion a year to buy materials such as polysilicon from US suppliers.

“Any trade restrictive measures that may be imposed will unavoidably cause serious impairment to the sustainable development of the green energy industries as well as consumers’ interests both in China and the United States,” said the statement.

The executives sharply criticised the lead company in the Commerce Department complaint, SolarWorld Industries America Inc, a

unit of Germany’s SolarWorld AG. They said it receives US and European subsidies while complaining about Chinese support.

“We applaud the support of the European Union and the US government toward renewable energy. But we are very sorry that SolarWorld has applied such a double standard when they talk about subsidies,” said Canadian Solar’s Qu.

Tensions over access to renewable energy markets are especially sensitive at a time when the United States and other Western governments want to boost technology exports to revive economic growth and cut high unemployment.

The United States and China, the two biggest emitters of climate-changing industrial gases, agreed in 2009 to create a joint centre to research cleaner coal, building efficiency and clean vehicles.

Chinese authorities have tried to mollify foreign companies that complain Beijing might be trying to squeeze them out of renewable energy and other emerging industries.

The US commerce secretary, John Bryson, said Chinese officials at trade talks this month pledged equal treatment for foreign companies in electric vehicles and other emerging industries. According to Bryson, the officials said foreign producers would be eligible to apply for government subsidies.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Gas prices up $1.22, $1.18, Diesel up $4.50
Business, Latest News, News
Gas prices up $1.22, $1.18, Diesel up $4.50
June 25, 2025
KINGSTON, Jamaica — Motorists should see an increase at the pumps in the price of gasoline effective Thursday, June 26, according to the latest ex-ref...
{"jamaica-observer":"Jamaica Observer"}
JSE, KSAMC sign MOU for use of Gold Street
Business, Latest News, News
JSE, KSAMC sign MOU for use of Gold Street
June 25, 2025
KINGSTON, Jamaica — he Jamaica Stock Exchange (JSE) and the Kingston and St Andrew Municipal Corporation (KSMAC) on Monday signed a memorandum of unde...
{"jamaica-observer":"Jamaica Observer"}
Man connected to major firearms,  ammo seizure in May charged
Latest News, News
Man connected to major firearms, ammo seizure in May charged
June 25, 2025
KINGSTON, Jamaica – The second man who was wanted in connection with the seizure of 14 firearms on Deeside Avenue, Kingston 10, on May 28, has been ca...
{"jamaica-observer":"Jamaica Observer"}
Trial of Sean ‘Diddy’ Combs heads into closing arguments
Entertainment, International News, Latest News
Trial of Sean ‘Diddy’ Combs heads into closing arguments
June 25, 2025
NEW YORK, United States (AFP) — After weeks of painstaking testimony in the high-profile trial of Sean "Diddy" Combs, legal teams will enter a pivotal...
{"jamaica-observer":"Jamaica Observer"}
Young Mozambican inventor bringing the blind smart ‘vision’
International News, Latest News
Young Mozambican inventor bringing the blind smart ‘vision’
June 25, 2025
MATOLA, Mozambique (AFP) — When Armando Ernesto Chau straps on the futuristic smart glasses that a young Mozambican robotics student is developing in ...
{"jamaica-observer":"Jamaica Observer"}
Guardiola says City must be ready to ‘suffer’ in Orlando heat
International News, Latest News, Sports
Guardiola says City must be ready to ‘suffer’ in Orlando heat
June 25, 2025
FLORIDA, United States (AFP) —Manchester City manager Pep Guardiola says his team must be ready to 'suffer' in the Florida heat when they face Juventu...
{"jamaica-observer":"Jamaica Observer"}
Forex: $161.21 to one US dollar
Business, Latest News, News
Forex: $161.21 to one US dollar
June 25, 2025
KINGSTON, Jamaica — The United States (US) dollar on Wednesday, June 25, ended trading at $161.21, up by eight cents, according to the Bank of Jamaica...
{"jamaica-observer":"Jamaica Observer"}
FRi~NALLY heads to Ocho Rios on Friday with Jahvillani, Pablo YG
Entertainment, Latest News
FRi~NALLY heads to Ocho Rios on Friday with Jahvillani, Pablo YG
June 25, 2025
KINGSTON, Jamaica — For the second time in its six-year existence, the popular weekly series Campari Fri~NALLY will head to Ocho Rios and bring its us...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct