German Chancellor Merkel Aims To Intervene In Anti Dumping Case
According to media reports German Chancellor Angela Merkel is planning to intervene in the potential anti-dumping case brought against Chinese solar manufacturers led by German manufacturer Solarworld who instigated a similar proceeding in the USA.
Merkel has made it clear she believes there is a diplomatic solution and plans to involve the European Commission and Chinese authorities to seek a mediated way out of the potentially damaging legal process. Merkel is in China for an official visit and has been involved in a number of high profile deals in China including a 3.5 Billion euro deal with European based Airbus.
The Solarworld complaint is on behalf of around 25 European companies and claims China deliberately sold cells and panels below cost price to gain market chare at the expense of other companies. The Chinese response to Merkel's visit has been very positive with solar companies in particular hoping that Merkel's power base in Europe will help avoid legal processes.
