The results of the US PV dual-anti-arbitration arbitration in China will be announced today, which will also set the final vote for the US International Trade Commission in early November. If the anti-dumping tax rate of the initial ruling is not less than 30%, the door of China's PV export to the US will eventually close. What is more worrying to the industry is that the EU has already announced the list of Chinese responding companies that have filed anti-dumping cases. Although there is no timetable for China PV counter-subsidy filing, the final ruling of the United States will likely affect the final result of the EU double-reverse. US announced today's double-reverse final results In October 2011, US solar cell manufacturer Solar World asked for a "double-reverse" investigation of 75 related companies in China, and the United States began investigating the case that year. In March of this year, the US Department of Commerce initially imposed a countervailing duty of 2.9% to 4.73% on China's solar cells exported to the United States. On May 17, the US Department of Commerce issued a statement saying that the preliminary ruling imposed a high anti-dumping duty of 31.14% to 249.96% on photovoltaic products imported from China (mainly China's solar cells exported to the United States). The tax rate of Wuxi Suntech Solar Co., Ltd. is mandatory 31.22%, the tax rate of Changzhou Trina Solar Company is 31.14%, and the tax rate of other 59 individual tax rates is more than 30%. Today, the results of the US PV dual-reverse final rule will be announced whether the Chinese solar energy company's products will be levied with a punitive import tariff of no less than 30%. Although the US International Trade Commission will eventually vote in early November, the final results announced today will largely set the voting results. According to the Chinanews Energy Channel, in accordance with established practice, the US International Trade Commission has rarely rejected the tax decision in the past. If the International Trade Commission is to change its judgment, at least four members will change the votes cast last year. The six members of the International Trade Commission unanimously agreed last year that US solar energy companies were substantially harmed by Chinese imports. Not only that, according to the "Yanzhao Metropolis Daily" reported on the 10th, because the US Department of Commerce found that Chinese PV companies have also received other government subsidies, the Ministry of Commerce will revise the preliminary tax rate of countervailing duties. Chinese PV companies such as Suntech Power and Trina Solar will face higher countervailing duties, and Chinese solar panels will be forced to withdraw from the US market. The EU's prospects for China's PV dual-reflexion are bleak . The adverse effects of US PV's dual opposition to China's PV industry have already been revealed. The European Commission officially launched the largest anti-dumping investigation against China's photovoltaic cells on September 6, involving more than US$20 billion. According to reports from the photovoltaic solar network yesterday, the EU has announced the list of Chinese responding companies that have filed anti-dumping cases. A total of 134 companies were sampled, of which six were mandatory responding companies, including Yingli, Suntech, Saiwei, Jinzhou Sunshine, Jingao and Wangneng Optoelectronics. Although the European Photovoltaic Industry Alliance launched a countervailing lawsuit on September 25, the EU has not yet finalized the case, but industry insiders are more pessimistic. The final ruling of the United States today's double-reverse will likely affect the final outcome of the EU's double-reverse. Professor Lin Boqiang from the China Institute of Energy Economics of Xiamen University said in an interview with the Chinanews Energy Channel that the United States has ruled that China's PV products are dumped. Under the same routine, the EU finally finds that the possibility of dumping PV cells in China is very high. And because the EU is the largest market for PV products in China, once the dumping is determined, PV companies will suffer a greater blow.
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