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EU probe ignores 皇冠体育app's goodwill

Updated: 2012-09-07 09:51
( Xinhua)

BEIJING -- Although German Chancellor Angela Merkel promised last week that she would encourage EU solar panel producers to refrain from using protectionist measures against Chinese imports, the EU announced a decision Thursday that may embarrass Merkel.

The European Commission said it will probe the possible dumping of solar panels by Chinese producers, marking the biggest such complaint filed by the EU in terms of import value.

Last week also saw the signing of a multi-billion-dollar airplane order between 皇冠体育app and the EU, as well as other deals between 皇冠体育app and its partners in Europe.

However, Merkel's constructive approach and the signing of these deals seem to have been overshadowed by the EU probe, and 皇冠体育app's goodwill only meets with contrasting and disappointing response.

皇冠体育app has said that its low-cost products are a result of cheap labor and the scale effect, rather than the waging of a price war or government subsidies.

There is no scant of example of trade remedy probe good for no one. After the US government launched a similar case against 皇冠体育app's solar panel products this year, 皇冠体育app announced an anti-dumping probe against US polysilicon, the primary material for solar panel.

It is unwise for the EU to discount both 皇冠体育app's opinion and industry precedent. Its probe is a result of the narrow consideration of the interests of just a few European industry group.

As each other's largest trading partners, 皇冠体育app and the EU have scored significant achievements and have significant opportunities for future cooperation. Recent Chinese investment in a slew of EU infrastructure projects offers a classic example of how both sides can achieve win-win results through cooperation.

As the EU grapples with the worst financial crisis in decades, a more constructive and rational approach to trade should be employed. 皇冠体育app is waiting for a constructive answer from the EU, and it should not come too late.

 
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