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“China has won a major trading dispute with EU over solar panels,” writes Dziennik Gazeta Prawna, commenting on an October 22 decision by the European Commission’s trade dispute between the EU and China. The daily notes that —
It was enough for Beijing to threaten retaliatory sanctions targeting German industry [in particular German cars] and wines from Latin countries to make Brussels beat a retreat.
According to European solar panel manufacturers, Chinese companies have breached the rules of fair competition by taking advantage of generous government subisidies to sell their products very cheaply on the EU market.
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