International Business After globalization becoming the buzzword in today’s world, international business has given a new shape and has also created a new dimension in the world of business as in how the business is carried out. In a layman’s word International Business is related to the business which is carried out internationally. Formally it is […]
Foreign Trade Policy – What Foreign Trade Policy in India is formulated by the Government of India, Minister of Commerce and Industry, Department of Commerce. Foreign Trade Policy or the FTP is the set of guidelines or the policies which is proposed by the government to be incorporated in the economy and to be followed […]
Stock Market One of the most fascinating things about the stock markets is that there are as many views and opinions about the markets as the number of participants. Currently most of the market participants though scared are bullish, as Central Banks have continued to infuse liquidity relentlessly to keep the asset prices up. The […]
Globalization refers to the increase in international trade & commerce amongst the different countries, through the reduction of geographic barriers. With the rapid innovation of smart technology, there has been a rapid increase in trade & economic activities all around the globe in the recent times. There is a free flow of goods, capital, services […]
China’s solar panel companies can used their government banks backing as a major competitive advantage. Just like their telecom equipment companies ZTE and Huawei they can use the debt to win contracts over suppliers from India and elsewhere. Note there is a already a major controversy in the USA over the subsidies and support given to Chinese solar companies and has led to a so called solar trade war between the two . Even USA has used its EXIM Bank to provides millions of dollars in financing of solar farms which are supplied by US Solar Panel producers First Solar. Chinese companies Goldpoly are using the strong billion dollar lines to build solar projects in the Europe as well
Solarworld which is the biggest solar panel company from Germany lost marketshare to the Chinese companiees in 2011 . The company which has been at the forefront of leading anti-dumping charges against import of Chinese made solar modules into the USA, lost substantial amounts of money. Solarworld had earlier closed its panel making facility in California. The company sold lesser number of solar panels in 2011 compared to 2010 despite the global solar market increasing by 30-40% . With only around 800 MW of shipments , Solarworld has only 3-4% of the global marketshare compared to 10% for bigger Chinese rivals.