U.S. Commerce Department Upholds Anti-Dumping Tariffs on Chinese Solar Products

NEW YORK, NY--(Marketwire - Oct 15, 2012) - Chinese solar stocks have struggled in 2012 as numerous allegations that companies were "dumping" products at a loss have led to anti-dumping duties on solar cells imported from China. The tariffs, which were upheld by the U.S. Commerce Department last week, range from 18.32 percent to 249.96 percent. Five Star Equities examines the outlook for companies in the Chinese Solar Industry and provides equity research on Yingli Green Energy Hold. Co. Ltd. ( NYSE : YGE ) and Suntech Power Holdings Co., Ltd. ( NYSE : STP ).

Access to the full company reports can be found at:

China has demanded that the U.S. repeal the steep anti-dumping measure as they fear it will price out Chinese producers from the American market. The tariffs add another burden to Chinese manufacturers who are already struggling with major losses as a result of slowing demand and falling prices.

"The United States is inciting trade friction in new energy and sending a negative signal to the whole world about protectionism and obstructing the development of new energy development," Ministry of Commerce spokesman Shen Danyang said in a statement. "We hope the U.S. side will correct its erroneous action with early termination of the trade remedy measures," Shen added.

Five Star Equities releases regular market updates on the Chinese Solar Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.

A spokesman for Yingli Green Energy Holding Co. has already said that the tariffs of roughly 30 percent on the company would make it unprofitable to sell in the U.S., as the gross profit margins for the industry are around 10 percent.

"A tax rate of 30 percent is the same as 200 percent. Both of them mean the door is closed for exporting to the United States," said the spokesman, Wang Shuai. "No one does business to lose money."

Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: