Quantcast
Article Index |Advertise | Mobile | RSS | Wireless | Newsletter | Archive | Corrections | Syndication | Contact us | About Us| Services
 
  Breaking News :    
Advertisement
Inquirer Mobile
Property Guide

INQUIRER ALERT
Get the free INQUIRER newsletter
Enter your email address:

 
Breaking News / World Type Size: (+) (-)
You are here: Home > News > Breaking News > World

  ARTICLE SERVICES      
     Reprint this article     Print this article  
    Send Feedback  
    Post a comment   Share  

  RELATED STORIES  




imns



China hits back over US green energy probe


Agence France-Presse
First Posted 07:14:00 10/18/2010

Filed Under: Economy and Business and Finance, Diplomacy, Environmental Issues

BEIJING, China?A United States probe into claims China illegally subsidizes its green-energy industry will backfire as Washington will be forced to reveal its support for American renewables firms, a senior Chinese official has warned.

In the strongest response from Beijing since the US authorities announced their investigation on Friday, Zhang Guobao, head of the National Energy Bureau, said Washington ploughs billions into its green sector.

"Chinese subsidies to new energies companies are very small," Zhang said in comments reported by state media on Monday.

"But the United States had subsidized the new energy enterprises with 4.6 billion US dollars in cash in the first nine months of 2010, including three billion US dollars to wind power enterprises."

Zhang also speculated that the US probe was called to play to a domestic audience as America heads to the polls next month for midterm elections.

"I was very much astonished at it, wondering what the United States wants. Do they want fair trade, a normal dialogue, or transparent information?" he said.

"Judging from the procedures, I believe (politicians of) the United States are more willing to get votes," Zhang said.

The investigation was sparked after the United Steelworkers union?one of the nation's largest?petitioned trade officials to probe Chinese practices it claims contravene World Trade Organization rules.

It also accused China of providing more than 216 billion dollars' worth of subsidies to green technology makers.



Copyright 2014 Agence France-Presse. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



Share

RELATED STORIES:

OTHER STORIES:



  ^ Back to top

© Copyright 2001-2014 INQUIRER.net, An INQUIRER Company

The INQUIRER Network: HOME | NEWS | SPORTS | SHOWBIZ & STYLE | TECHNOLOGY | BUSINESS | OPINION | GLOBAL NATION | Site Map
Services: Advertise | Buy Content | Wireless | Newsletter | Low Graphics | Search / Archive | Article Index | Contact us
The INQUIRER Company: About the Inquirer | User Agreement | Link Policy | Privacy Policy

Advertisement
Megaworld
TAGAYTAY FONTAINE VILLAS
Radio on Inquirer.net
Pacquiao