China Moves Production Overseas to Avoid EU Solar Duties: Energy
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As Europe slaps duties on $15 billion of solar panels, their Chinese producers are preparing to counterattack with devices assembled from South Africa to Istanbul that will avoid the import taxes.
Trina Solar Ltd., JinkoSolar Holding Co. and Canadian Solar Inc. are among Chinese companies preparing to shift manufacturing abroad, dodging penalties imposed by the European Union in the bloc’s biggest ever anti-dumping action.