{"id":60,"date":"2011-10-18T13:44:04","date_gmt":"2011-10-18T20:44:04","guid":{"rendered":"https:\/\/blogs.ubc.ca\/aileen\/?p=60"},"modified":"2011-11-22T20:18:13","modified_gmt":"2011-11-23T03:18:13","slug":"u-s-solar-industry-wither-chinese-company-bloom","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/aileen\/2011\/10\/18\/u-s-solar-industry-wither-chinese-company-bloom\/","title":{"rendered":"U.S. Solar Industry Wither, Chinese company bloom"},"content":{"rendered":"

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0As a tremendous change in economic taken place in China within the past few decades, Chinese solar industry is transformed into the main producer of electricity, possessing the most shares in the international market. With the pressure continuously exerted by Chinese solar industry, American solar power companies are forced to field for bankruptcies. Why would Chinese economy rise rapidly? \u00a0Its success can be ascribed to its low-cost structure: low-rates loans , cheap and free land, and extensive tax breaks.\"\"<\/a><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 As we learned in microeconomic course, lower input costs lead to higher supplies. As the supply increases while demand remains constant, solar panel price has plunged sharply. This theory can be applied into this case\u00a0in a sense that\u00a0chinese manufactures operating with a low\u00a0cost \u00a0increase the supply and pull down the world-price dramatically. As a result, U.S. solar industry which holds a high producing cost cannot\u00a0accept this low price and thus fades out gradually. Meanwhile, Chinese solar companies\u00a0who take advantage of \u00a0this low-cost structure still stay in the market. There is no doubt that the endless power of cost advantage is a deadly weapon in the crucial battle.<\/p>\n

Reference: New York Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0As a tremendous change in economic taken place in China within the past few decades, Chinese solar industry is transformed into the main producer of electricity, possessing the most shares in the international market. With the pressure continuously exerted by … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":8076,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-60","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/aileen\/wp-json\/wp\/v2\/posts\/60","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/aileen\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/aileen\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/aileen\/wp-json\/wp\/v2\/users\/8076"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/aileen\/wp-json\/wp\/v2\/comments?post=60"}],"version-history":[{"count":4,"href":"https:\/\/blogs.ubc.ca\/aileen\/wp-json\/wp\/v2\/posts\/60\/revisions"}],"predecessor-version":[{"id":116,"href":"https:\/\/blogs.ubc.ca\/aileen\/wp-json\/wp\/v2\/posts\/60\/revisions\/116"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/aileen\/wp-json\/wp\/v2\/media?parent=60"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/aileen\/wp-json\/wp\/v2\/categories?post=60"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/aileen\/wp-json\/wp\/v2\/tags?post=60"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}