china wind energy firms back subsidy move
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

China wind energy firms back subsidy move

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleChina wind energy firms back subsidy move

Beijing - AFP

China\'s wind energy turbine makers have said scrapping subsidies for the domestic sector will have little impact, even as US manufacturers hailed the move as a victory, state media reported Wednesday. Beijing has stopped offering subsidies to the country\'s wind power sector six months after the United States lodged a complaint with the World Trade Organization, US officials said Tuesday in Washington. \"It is understandable that the Chinese government is ending subsidies to an industry that is strong enough to compete with international players,\" China Wind Energy Association vice president Shi Pengfei was quoted saying. The industry group declined to comment when contacted by AFP. The United States had accused China of providing several hundred million dollars in illegal grants since 2008 to wind turbine makers for using Chinese components. Beijing had insisted its policies complied with WTO rules. The assistance ran as high as $22.5 million for a single grant, it said. Chinese companies, including Xinjiang Goldwind Science and Technology Co Ltd, said the size of the subsidies was small and their cancellation would have little impact on the industry, the China Daily reported. \"We already purchase components globally,\" Yao Yu, director of public affairs for Goldwind, was quoted saying. As the United States and China tussle to dominate the green energy sector, Washington has cast China\'s decision to halt the subsidies as a victory for US workers. \"We challenged these subsidies so that American manufacturers can produce wind turbine components here in the United States and sell them in China,\" US Trade Representative Ron Kirk said in a statement. \"The United States is pleased that China has shut down this subsidy programme,\" he said. The wind turbine case came on the heels of other complaints over a range of trade issues, from tyres to beef to the level of China\'s currency, which Washington says is kept undervalued to aid exports to the United States.

themuslimchronicle
themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china wind energy firms back subsidy move china wind energy firms back subsidy move

 



Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

GMT 08:32 2011 Monday ,25 July

Sabri accuses Yusri in Souad Hosni’s murder

GMT 12:07 2014 Monday ,03 February

Home design ideas

GMT 11:20 2017 Thursday ,02 March

Mexico central bank cuts growth outlook over Trump

GMT 08:31 2017 Tuesday ,28 November

Bangladesh upholds death sentence for 139 soldiers

GMT 14:33 2017 Thursday ,20 April

US defense secretary vows support for Egypt's Sisi

GMT 16:12 2017 Wednesday ,20 December

Myanmar bars UN rights investigator just before visit

GMT 08:21 2017 Wednesday ,30 August

United Technologies near deal to buy Rockwell Collins

GMT 18:27 2017 Friday ,21 April

ARCO condemns targeting of ERC convoy in Somalia
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle