China’s loss-making makers of solar panels believe they may have found a way out of their nightmare – by becoming one-stop renewable energy shops with their own solar farms.Friday, 8 November, 2013, 3:38pm
The Ministry of Finance announced on Sunday it will offer tax breaks to manufacturers of solar power products, as China moves to support an industry still struggling to deal with massive overcapacity and weak demand.
The ministry said in a short statement on its website that producers of solar power products will receive immediate refunds of 50 per cent of value-added taxes.30 Sep 2013 - 11:27am
Beijing is tipped to launch retaliatory tariffs soon on European-made polysilicon, the raw material for solar panels, after Brussels slapped preliminary duties on mainland-made panels early this month.
However, analysts expect the impact of any tariffs to be limited by likely loopholes.15 Jun 2013 - 4:03am
Urgent action needed to save dolphins
Urgent action is needed to conserve and rebuild the Chinese white dolphin population, in the wake of alarming news last month that the 2012 figures for the numbers of dolphins inhabiting Hong Kong waters were even lower than in 2011 (78 compared with 158 in 2003).11 Jun 2013 - 1:44am 1 comment
Premier Li Keqiang's personal intervention in Beijing's €20 billion (HK$202.7 billion) solar panel dispute with Brussels signals a more direct approach to trade diplomacy in key strategic industries.
Li's last-minute call to European Commission chief Jose Manuel Barroso on Monday secured a two-month window to further talks on a solution.6 Jun 2013 - 4:48am
The European Commission imposed anti-dumping duties on imports of Chinese solar panels yesterday, defying German-led opposition and dire warnings from Beijing that the move could spark a trade war.5 Jun 2013 - 4:05am
Shares in Chinese solar panels and parts makers rose after a survey showed that most European Union nations were opposed to Brussels's plan to impose punitive import duties averaging almost 50 per cent on mainland solar power products.29 May 2013 - 5:08am
Germany told the European Commission yesterday that it rejected a proposal to slap tariffs on Chinese solar panel imports. Chancellor Dr Angela Merkel had pledged earlier during a visit by Premier Li Keqiang to take steps to avoid a brewing trade war between China and the European Union.28 May 2013 - 8:47am
Lights, camera, action for Cannes festival15 May 2013 - 3:06am