U.S. files trade complaint against Chinese solar energy companies
POSTED: Tuesday, November 29, 2011 - 9:17am
UPDATED: Tuesday, November 29, 2011 - 9:18am
NBC News — A group of China's biggest solar energy companies tuesday rejected a U.S. trade complaint that they are unfairly supported by the Chinese government. The push-back follows the launching of a U.S. Commerce Department investigation this month into complaints that solar cells and other equipment were being imported into the U.S. by Chinese companies at less than their fair value.
At a press conference in Beijing the group said that their commercial success comes from more advanced technology and efficient management, adding that possible sanctions would hurt U.S. companies and workers.