The solar division of Korean conglomerate Hanwha Corp, Qcells, is looking to protect a planned $2.5 billion expansion of its US solar operation
 
							With Japanese firms now wary about investing in China, the US's economic resilience has proven too strong to ignore
 
							The bloc’s solar panel manufacturers have been struggling to compete with their Chinese competitors as its members install new solar panels at record speed
 
							Scholz pressed his case for an open and fair European market for Chinese cars but warned against dumping, overproduction and intellectual property infringements
 
							China says excess capacity claim is groundless and should be viewed from a global perspective and that its trade in key green sectors is based on innovation and complete supply lines
 
							Energy storage projects face high upfront costs and also difficulties in getting grid connections and selling electricity into China's power markets
 
							Chinese firms have ordered 47 ships, including car carriers, to cut export costs. Meanwhile, idle car factories are being shut amid huge industry changes; only two local carmakers out of about 100 are now said to be profitable
 
							Even China’s vast domestic market can’t soak up the excess capacity of its solar power industry
 
							Chinese EV sales totalled 1.03 million in the first quarter of the year but it was the slowest quarterly growth since the second quarter of 2023
 
							US Treasury chief winds up talks with China's financial leaders; she also warned that Chinese banks could face sanctions if linked to arms deals that aid Russia's war in Ukraine
 
							China's factory production is more than the global market can bear, Yellen said in meetings on Friday at the start of her six-day visit to China
 
							US Treasury Secretary is seen as an 'effective' trade emissary, but Beijing is not expected to put the brakes on its 'new productive forces' - EVs, batteries and solar - because of Western angst