News

China’s Solar Firms to Speed Up Global Push Under Tariff Truce

Bloomberg.com · last updated

Chinese solar companies will continue their expansion into emerging overseas markets during a 90-day tariff truce between the US and China that brings a more stable trade environment, company executives said at an online investor briefing.

“The easing of tariff policies between China and the US is conducive to providing a relatively stable overseas trade environment for the solar and energy storage sector,” said Li Xiande, chairman of Jinko Solar Co., at the briefing hosted by Shanghai Stock Exchange this week. The company will use the period to pursue “diversification of global supply chain,” he said.