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Premier Li says solar trade dispute touches China's major interests

Chinese premier's top EU officials said that trade disputes on Chinese exports of solar panels, it touches on China's "significant economic interests", if not properly addressed, could affect the broader relationship between China and the EU.
With European Commission President Jose Manuel Barroso on Monday night, a telephone, Chinese Premier Li Keqiang said that China is closely following the dispute, the official Xinhua News Agency reported on Tuesday.
China firmly opposes trade protectionism and the abuse of trade remedy measures and safeguard China's interests, the report quoted Li said. Li said, hoping to resolve the dispute through bilateral negotiations.
The European Commission, the EU's executive, accusing China flooded Europe to sell at below the cost of production of cheap solar panels and intends to impose tariffs.
This prompted Beijing to vigorously lobbied against moving and departments have been problems in Europe, in how to deal with China's trade practices heralded a fierce internal battle.
Most European countries, led by Germany and the United Kingdom against the EU Trade Commissioner Karel De Gucht's plan to raise 47% of the tariff levied on imports from China of solar panels, according to a Reuters survey .
Lee had criticized the EU's trade measures on solar energy and telecommunications equipment said last month that punitive tariffs would "harm people without self-interest.
 
 



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