China calls a WTO solar ruling favoring the US ‘dangerous’ - News Summed Up

China calls a WTO solar ruling favoring the US ‘dangerous’


China calls a WTO solar ruling favoring the US ‘dangerous’Reuters, GENEVA, SwitzerlandChina on Monday lambasted a WTO ruling in a row with the US over Washington’s measures to limit the import of solar panel cells, calling it “erroneous and dangerous.”A WTO panel handed a victory to the US earlier this month, rejecting all four of China’s claims and saying that the US measures did not breach global trade rules. At the private meeting, China’s delegate expressed “deep concern with the systematically harmful findings made by the panel report,” a statement released by the Chinese delegation said. The “safeguard” measures are due to be in place for four years, with annual reductions in the duty rates from an initial 30 percent. The duties have applied to solar modules and, beyond a set quota, to solar cells. China’s appeal will have no immediate effect, as the top WTO dispute settlement body does not have enough judges to function.


Source: Taipei Times September 28, 2021 15:56 UTC



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