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February 7, 2018
BEIJING — One of China's biggest makers of solar panels said Tuesday it will invest $309 million to expand manufacturing in India in a move to guard against what it complained is a rising threat of import controls in the United States and other markets.
Longi Solar Technology Ltd.'s announcement follows the Trump administration's Jan. 24 decision to impose an extra 30 percent duty on imported solar modules. An Indian regulator says it is considering a “safeguard tariff” of 70 percent on solar panels from China and Malaysia.
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