SPWR $38.58 breakout | Official says China solar companies could leave U.S., China Daily reports | | Chinese solar energy companies will have to stop doing business in the U.S. if America makes the preliminary tariffs it imposed on Chinese solar products permanent, a China Chamber of Commerce official indicated, according to China Daily. Meanwhile Shawn Qu, the CEO of China-based solar energy company Canadian Solar (CSDQ), said the tariffs "will definitely create big problems for Chinese companies," and cause the U.S. solar energy market to shrink to half its current size, the newspaper reported. Other publicly traded solar energy companies include First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), JinkoSolar (JKS) Trina Solar (TSL), Solar City (SCTY),and Yingli Green Energy (YGE). JA Solar, Trina Solar, JinkoSolar, and Yingli Green are based in China. Reference Link : |
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