European and Chinese solar photovoltaic market "love is gone"
According to industry sources, although the US Department of Commerce initiated anti-dumping and countervailing investigations on solar cells and components imported from China, Europe is unlikely to follow the trend as the largest market for solar products manufactured in China because of polysilicon and solar product manufacturing. European suppliers of equipment have always benefited from the huge demand in the Chinese market. However, the source added that since Europe is the world's largest solar market, it is likely to experience a shift in focus and become the main "dumping ground" for solar modules made in China. Recently, some European solar PV companies have been complaining to their governments about unfair competition caused by China's solar PV companies receiving a large amount of subsidies. However, European governments have not dealt with this issue. Recently, Chinese Minister of Commerce Chen Deming said that the Chinese government will take countermeasures against foreign trade protectionism policies against Chinese PV manufacturing products. Chen Deming further pointed out that since China is a huge market for multinational corporations, those countries that initiate trade wars against China will suffer huge losses themselves. Therefore, trade protectionism is a behavior that harms others. Chen Deming added that the current debt problem in Europe has slowed down the global economy. In addition, Chen Deming predicted that the Chinese economy will also be greatly affected. In short, given the importance of China’s huge market for European suppliers of polysilicon and photovoltaic manufacturing equipment, as well as Europe’s own problems, serious debt crises are unresolved, and its solution is likely to require cooperation from China, so Europe’s launch of China’s PV products Anti-dumping and countervailing investigations are unlikely. Of course, if pressure from European companies continues to increase, or as the situation develops, it is not surprising that Europe has taken similar measures.
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