How illegal factories are undermining China’s solar overcapacity crackdown

For nearly two years, China has been waging an intense campaign to eliminate severe overcapacity in the solar industry – an issue that has sparked vicious price wars, undermined domestic firms’ bottom lines, and fuelled protectionist policies overseas.
Yet, despite Beijing’s repeated efforts, the problem remains far from resolved. The sector is still plagued by excess capacity, leaving firms across the supply chain operating at a loss.
The mismatch between rhetoric and outcomes is particularly…

المصدر: SCMP — Tech