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BBC Chinese: EU Planning Punitive Tariffs against Chinese Photovoltaic Products

BBC Chinese recently reported that the European Union is preparing to impose punitive tariffs on photovoltaic products imported from China that are worth billions of dollars. It is widely expected that these trade protections will anger China. The EU is trying to protect key European vendors such as the German company SolarWorld. The Chinese government has already said that China will not remain quiet and have no reaction. The output of Chinese photovoltaic products quadrupled between 2009 and 2011. Products made in China currently occupy 80 percent of the EU market. The EU market is half the size of the global market, which is worth $77 billion. The EU Trade Commission is getting ready to implement the anti-dumping measures; it claims there is sufficient evidence to support this action. 
Source: BBC Chinese, May 3, 2013