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China’s troubled solar sector may be nearing a turning point

The Straits Times LogoThe Straits Times9h ago

China’s troubled solar sector may be nearing a turning point - The Straits Times

Quick Summary:

There are tentative signs the massive glut that is plaguing the industry could be starting to ease.

Washington is planning to double import tariffs on the country’s solar equipment to 50 per cent, and is also going after Chinese companies that have set up factories in South-east Asia.

The health of the Chinese solar industry, which accounts for around 80 per cent of global production, is critical to the fight against climate change.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-02 @ 11:15:00 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 854 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 22327548

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About The Straits Times

The Straits Times Logo

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 15 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 4 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

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It's most recent story was published 4 hours ago.

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  • URL: https://beamstart.com/news/chinas-troubled-solar-sector-may-17252569489713

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