According to China Voice's "News and Verticals" report, the "double-reverse" investigation refers to anti-dumping and countervailing investigations. This word is probably not the first time to listen, but it is generally not a good thing. For example, today, for 75 major PV companies in China, it may be a turning point in fate. Because if you lose, you may be subject to a punitive tariff of up to 100%. The US Department of Commerce will announce the results of the preliminary ruling on China's solar product countervailing. Although this result should have been announced on January 24th, the US government has postponed it three times until today. Everyone knows that according to US law, this time can no longer be postponed. For Chinese PV companies, the European market is the absolute rice bowl, and the US market is second. However, the "double-reverse" investigation that lasted for four months has caused Chinese companies to suffer. Nan Cunhui, the chairman of Chint Group, was decisive for today's ruling: it cannot be said to be a disaster, but at least it will destroy a group of domestic manufacturers. However, domestic companies are not sitting still. At the end of November last year, our reporter recorded a dialogue with a reporter who asked a PV company CEO at a press conference to deal with the "double-reverse" investigation: Reporter: What is the worst result we expect, if his tariff What should I do if I want to collect it? Xiao Xiaowei: Yes. Reporter: Let me ask, is that likely to be big? Xiao Xiaolan: We strive for the best and not the worst. Because we believe that Tao and righteousness are on our side, I am only calling for the US government and the US ITC to take a fair attitude when evaluating the case. Speaking of the possible impact of the "double-reverse" investigation results in the future, under the reporter's questioning, he replied in this way: Xiao Xiaoying: In the words of the double-reverse proposed by the United States now, I think the photovoltaic industry will be even more bleak. In the words, we expect the order to drop by about 30% this year. At that press conference, Li Lei, a lawyer at Sidley International Law Firm, was also a "double-reverse" investigating lawyer in the Chinese crystalline silicon photovoltaic cell industry. He told reporters that if the US Department of Commerce made a preliminary ruling, anti-dumping The countervailing duty will be used, so the importer will be required to pay a deposit or deposit when the product is cleared. Take Wuxi Suntech, a Chinese company, as an example. As of last year, the market share in the United States has reached 20%, even surpassing the first sun of the leading American company, ranking first. It is conceivable that what is meant by up to 100% tariff. Last night, Wuxi Suntech, who was waiting for the results, was not willing to be interviewed by reporters. The US market is pressing hard, and Chinese companies are advancing against adversity. What impact will the outcome of today’s ruling bring? Li Junfeng, deputy secretary-general of China Photovoltaic Industry Alliance Moderator: Good morning, Secretary Li! Our editors stayed for one night and now the results have not yet come out. I would like to ask you, what effect will it have on Chinese companies once the countervailing is determined? In addition, the double anti-investigation, what is its unreasonable? Li Junfeng: First of all, it is said that the United States is regarded as a non-market economy country by the United States. It does not recognize the status of China’s market economy countries. It uses market economy rules to conduct investigations. It can be said to be discriminatory. Investigation. Such investigations are unfair to Chinese companies and industries. There is no way to make a fair ruling. Whether it is punitive tariffs or ordinary tariffs is unfair to Chinese companies. The first is such a problem. Unfair competition is actually trying to protect American companies, which will inevitably harm the interests of Chinese companies. Of course, I don't think it is a disaster, because China wants to do a good job in China. Just like wind power, our wind power market has already accounted for 40% of the world. I believe that China's PV market will still account for within three to five years. To the world 30% to 40% or even higher, so there is no need to worry too much about such a problem. We regard US trade protection as a normal state. The US Congress has adopted such a plan and will implement various kinds of programs in China in the future. Such a discriminatory trade policy may be the norm, which is the result of expectations of certain manufacturing industries in the US government, the US Congress, and even the United States. Moderator: In response to this trade protection in the United States, do we have any countermeasures for Chinese companies? Li Junfeng: Let's do our own thing and open up more markets. Moderator: What do you expect from today's ruling? Li Junfeng: I don’t know now, because this matter not only affects the interests of Chinese companies, but also affects the interests of the American people and the interests of American power producers. The punitive tariffs imposed on Chinese companies are bound to increase the US PV market. The price, that is, the price of electricity used by ordinary people will increase substantially. The US ruling will have to take into account these interests. I hope that they will revoke the case instead of punitive tariffs.
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