Loopholes likely to soften solar panel tariff war

Panel makers on the mainland have already been suffering from industry-wide losses because of oversupply and sharp falls in product prices. Photo: Xinhua

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.

Saturday, 15 June, 2013, 4:03am

Best to let the sunshine in without any harmful tariffs

Tariffs on polysilicon imports could hurt Chinese solar panel makers.

Beijing's threat to impose duties on solar power-related products from the European Union would harm its own industry, and appears more likely to be rhetoric in a dispute where both sides will gain from compromise.

31 May 2013 - 4:41am

Euro rivals reject EC's threat of Chinese tariffs

Ericsson and Nokia Siemens have urged the European Commission to back off from threatening tariffs on their Chinese rivals Huawei Technologies and ZTE. Photo: AFP

Two of Europe's biggest telecommunications equipment makers, Ericsson and Nokia Siemens, have urged the European Commission to back off from threatening tariffs on their Chinese rivals in a row over alleged illegal government subsidies.

17 May 2013 - 3:06am 2 comments

Hong Kong needs to rethink power company's sweet deal

CLP's sweet deal needs a rethink

The warning of hefty tariff increases by the city's top energy supplier is a case of déjà vu. After imposing a 5.9 per cent tariff increase early this year, CLP reiterated that electricity prices could rise 40 per cent within a few years, saying the switch to natural gas has pushed up fuel costs. The gloomy picture should not come as a big surprise. The power giant first sounded the warning last year after being forced to cut back its annual increase substantially. The rhetoric is nothing new but it is guaranteed to generate outrage, coming from a monopoly that earned HK$8.3 billion last year.

7 Mar 2013 - 2:35am 7 comments

EU tariff threat on Chinese solar glass

The European Union is investigating claims that Chinese makers of solar glass are dumping their product in the bloc. Photo: Xinhua

The EU opened an inquiry into whether Chinese makers of solar glass sell it in the 27-nation bloc below cost, a practice known as dumping. The glass is used to make solar panels, which are themselves the focus of two European trade investigations affecting China.

2 Mar 2013 - 4:17am

Rail ministry's debts bring biggest freight fees rise in a decade

Freight charges accounted for 50 to 70 per cent of the Ministry of Railways' revenue.

The crushing debt burden of the Ministry of Railways has compelled Beijing to impose the biggest rise in rail freight tariffs in a decade. Although that may be bad news for freighters, it came as welcome news on the stock market.

21 Feb 2013 - 6:07am

US solar duties on China 'not having an effect'

US solar duties on China 'not having an effect'

Mainland solar power panel parts makers will be little affected by the higher duties imposed by the United States government on solar cells as producers have already been outsourcing cells production to other regions like Taiwan to circumvent the duties.

12 Oct 2012 - 3:00am

CLP Power pledges to keep energy tariffs at reasonable level

Energy supplier CLP Power has pledged to seek a means to hold tariff increases at a "reasonable level", but warned uncertainties might limit its possibilities.

28 Sep 2012 - 3:15am

Plans to boost luxury spending

The mainland is considering boosting domestic luxury spending by opening more duty-free shops in urban areas rather than cutting import tariffs on luxury goods.

China Duty Free Group yesterday said it had signed a letter of intent with Beijing's Chaoyang district government to establish the city's first duty-free shop in the central business district.

1 Jun 2012 - 12:00am

Saving energy 'the only solution'

As gas prices rise and utilities strive to cut emissions, consumers must save energy or see their power bills rise by more than half by 2015, an energy specialist has warned.

10 May 2012 - 12:00am

Tariff cuts start reform rolling

The need for China to change tack to put its economic growth on a sustainable course is a given. But rhetoric will not make it happen. Now the central government has been as good as its word, with a decision to cut tariffs that flags a start on restructuring the economy.

3 Apr 2012 - 12:00am

Liberal Party backs extra scrutiny of power firms

The Liberal Party has given conditional support to lawmakers who want special powers to seek sensitive information related to electricity charges. The lawmakers want a resolution on powers to elicit information from the environment chief on tariff rises and development plans of the two electricity suppliers.

12 Jan 2012 - 12:00am

Generous to a volt

The current television commercial for Standard Chartered Bank makes a good point: 'Can it not only look at the profit it makes, but how it makes the profit, and stands beside people, not above them?'

It raises an important issue: should companies consider their corporate responsibilities while pursuing shareholder returns?

9 Jan 2012 - 12:00am

CLP cuts Unpopular tariff rise to 4.9pc

The row between the government and CLP Power over tariff rises has been settled two days before the new charge is to be introduced, after the utility lowered its proposed increase for the second time.

31 Dec 2011 - 12:00am

CLP agrees to provide more details on tariff rise

CLP Power will 'respond positively' early next week to questions from the environment minister as to how operating costs and premature capital expenditures might affect its proposed increases in electricity charges, a senior CLP executive says.

24 Dec 2011 - 12:00am