Persistence required
Silicon industry: Companies must invest in efficiency and innovative production lines in order to survive the price war. This adds to existing overcapacities and therefore exerts downward pressure on prices again.
This conflict even affects the European debt crisis. In response to the dispute with the European Union (EU) about solar price dumping, Beijing’s state newspaper China Daily hinted in mid-September that the world’s second largest economy might actually restrict the purchase of European government bonds if the EU continued its investigations of Chinese solar producers. …
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