Australia’s Anti-Dumping Commission has ruled that several Chinese companies have dumped solar modules and panels into Australia, but that such dumping has had a negligible effect on Australia’s economy.
What is ‘dumping’? In the world of international trade, ‘dumping’ refers to the practice of flooding countries with imports of products that are cheaper to buy than those made domestically. It is considered detrimental to local industries, as the cheaper imports undercut the products made by those industries. Anti-poverty group Oxfam has long campaigned against…
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