Dive Summary:
- China's Commerce Ministry claims that clean energy projects within the U.S. receiving federal support go against World Trade Organization rules of fair trade and are hurting Chinese exports.
- This statement has further deepened an ongoing trade dispute between the two countries over wind and solar power duties.
- Tension has also developed between Chinese and European solar companies as requests have been made for the European Union to investigate Chinese business practices.
From the article:
China's Commerce Ministry said on Monday the United States must cut support for six government-backed renewable energy programmes or face unspecified penalties, in the latest trade dispute between the world's two largest economies. ...