Renesola in India Chinese solar panel producers are facing duties and investigations on dumping of solar panels from multiple countries. While USA has already imposed 35% duties on imports of Chinese made solar panels, EU is investigating the issue. At stake is more than $30 billion in solar panel exports from China to these markets […]
Surge in Gold Buying India which is the second largest buyer of gold in the world saw a massive jump in gold ETF trading on the auspicious Hindu holiday of “Dhanteras”. It is considered lucky to buy gold /silver on this day and most Hindu families buy gold on this day. The buying preference of […]
Capital Account Convertibility Capital Account Convertibility is nothing but the freedom to convert the local financial assets into foreign financial assets and vice-versa at market determined rates of exchange. It is associated with the changes of ownership in foreign/domestic financial assets and liabilities and embodies the creation and liquidation of claims on, or by the […]
China Solar China is set to become the 2nd largest solar energy market in the world in 2012 from being a fringe player in 2011. This is due to strong support being given by the Chinese Government to bolster its bleeding solar industry where stalwarts like LDK and Suntech are living on government life support. […]
China keeps coming out with new ways to protect its beleaguered solar panel industry which is facing the wrath of the Western governments. Note China exports more than $30 billion of solar modules to Europe and USA. China has already launched two internal probes in response to the anti dumping and CVD duties by USA […]