Sunday, October 26, 2014   

China warns EU against protectionism on solar panels
(05-09 19:01)

Beijing urged the European Union on Thursday to avoid engaging in protectionism, after Brussels proposed an anti-dumping levy on imports of Chinese solar panels.
The EU's executive arm, the European Commission, is considering a heavy tariff of 47 percent, an EU source told AFP, as European solar panel makers complain they are being undercut by cheap Chinese imports.
Chinese foreign ministry spokeswoman Hua Chunying told a regular press briefing that China and the European Union were each other's "most important trade partners''.
"We also hope that the European side can be cautious in using protectionist measures,'' she said.
"We hope that both sides can maintain an attitude of constructive cooperation, and use dialogue and consultations to properly handle differences,'' she added, saying that "win-win cooperation'' benefited both sides.
The two have been engaged in a series of tit-for-tat trade disputes.
   
Other Business breaking news:
China and 20 other countries sign up to regional bank (10-24 18:00)
Britain says EU is asking for bigger contribution (10-24 17:49)
British economy grows slower in Q3 (10-24 17:00)
Firm in China's first bond default to be restructured (10-24 16:59)
Hang Seng closes lower (10-24 16:22)
Pearson reports sliding sales (10-24 16:22)
European stocks fall at open (10-24 16:05)
BASF says won't meet 2015 targets (10-24 16:04)
ECB to unveil results of eurozone bank health check (10-24 16:04)
German consumer confidence stops falling: survey (10-24 15:59)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.