FINANCIAL TIMES: China’s premier has waded into an intensifying trade dispute with Europe, warning that EU investigations into Chinese-made solar panels and telecommunications equipment would backfire by hurting European consumers.
“The cases over these two types of products will hurt Chinese industries, business and jobs and also damage the vital interests of European users and consumers,” Li Keqiang said en route to Berlin on Sunday during his first foreign trip since becoming premier. “We express firm opposition.”…
The EU must decide before June 6 whether to go ahead with a proposal from Karel De Gucht, trade commissioner, to impose provisional duties averaging 47 per cent on imported Chinese solar products for dumping, or selling goods below cost… (more)
