“The request for countervailing investigations has been submitted. It is expected that in about one or two weeks, a countervailing investigation against PV companies in China will be filed.†This is a partner of the Jones Day Law Firm Brussels Office, Italy EU Trade Law Renato Antonini, president of the Research Center and the International Bar Association, recently revealed in an interview with China Business News. He also believes that the punitive anti-dumping tax rate of the EU's PV companies in China will be lower than that of the United States and will not be a "destructive blow." In early September, the European Commission announced an anti-dumping investigation against Chinese-made photovoltaic modules and wafers, while the “boots†of countervailing investigations did not land. But in fact, on September 25, EU ProSun, a group of more than 20 European PV companies, filed a complaint with the European Union, accusing China's PV companies of receiving government subsidies and demanding punitive import tariffs on their products. According to regulations, the EU will decide whether to file a case within 45 days. EU ProSun chairman Milan Nitzschke said that most Chinese PV companies have already gone bankrupt without endless government subsidies, while at the same time, in 2012 alone, more than 20 European PV companies were in bankruptcy. Renato Antonini told reporters that in Europe, almost all countries have consistently recognized the dangers of government subsidies to enterprises, but "anti-dumping may sometimes be opposed by other motives such as supporting the industry." Unlike the US Department of Commerce, which has the power to investigate and ultimately decide, it ultimately decides on punitive tariffs and implements the European Commission composed of different member states. "These 27 countries do not always have the same interests. Some countries or companies may be the main purchasers of PV products. It is not excluded that there are some interest alliances that will ultimately affect this decision." Renato Antonini said that with Germany, Spain, Greece and other photovoltaics Unlike big countries, the United Kingdom, Denmark, Ireland, the Netherlands, Sweden and other northern countries do not agree with anti-dumping. In addition, Renato Antonini told reporters that although the EU anti-dumping investigation against Chinese PV companies is similar in the basic procedures to the United States, there are significant differences in substantive issues, especially in terms of calculating the extent of damage. Generally speaking, the damage determined by the EU will be less than the damage calculated by the US. Renato Antonini said that the EU may have three consequences in the anti-dumping investigation results, that is, there is no dumping, there is dumping but there is no damage, and there is damage in the presence of dumping. When the United States imposes punitive tariffs, it is based on the margin of dumping rather than the extent of damage, while the EU uses the extent of damage as the basis for taxation. Previously, the US Department of Commerce decided to impose an anti-dumping duty rate of 18.32%~249.96% on China's photovoltaic cells and components and a countervailing duty rate of 14.78% to 15.97%. "As far as I am concerned, industries such as photovoltaics do not make people feel more profitable than tobacco. The higher punitive measures will not make people feel that something is abnormal. It is a new energy industry after all, no Any country will want to destroy or fight such an industry."
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