Sunday, September 9, 2012

China's green industry expands in the west to offset slowing profits at home

Observer: China's green energy industry has long been seen as a world-beater. But domestic pressures are mounting on its renewables firms as growth slows; and analysts are warning that Chinese companies could respond by accelerating their expansion overseas, stoking a rising east-west tension in the race towards a low-carbon economy. The European commission has just followed up US trade action against China by announcing its own investigation into allegations that Bejing firms are "dumping" cheap solar...

URL: http://www.guardian.co.uk/business/2012/sep/09/china-green-energy-industry-west
Enclosure: http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2012/9/7/1347030682425/solar-panels-008.jpg

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