From June 21 to October 25, U.S. Customs and Border Protection (CBP) seized 1,053 batches of photovoltaic (PV) power products produced in China’s Xinjiang Uygur Autonomous Region. As a result, said products, worth hundreds of millions of U.S. dollars, are piling up in several U.S. ports.
This practice has seriously violated market and international trading rules, complicating regular PV product trade between the two countries. The PV industry is a strategic emerging business with a big stake in global sustainable development. Promoting the development of renewable energy and energy transformation based on this industry has already become a consensus around the world, including in the U.S. and China. China is a major supplier of PV products, with half of the world’s PV product exports coming from Xinjiang.
American companies choose these products for a reason. If they turn to other countries to obtain the goods, something several U.S. politicians have suggested, these companies will see soaring costs that will eat into their corporate interests. The ensuing negative impacts of the seizure will also weaken the Joe Biden administration’s undertaking to cope with climate change—which it considers a signature project. For example, solar and other forms of renewable energy have an important role in reducing greenhouse gas emissions and mitigating climate change.
–The Daily Mail-Beijing review news exchange item