The dispute between China and the US escalated this weekend, after China said the US probe into Chinese subsidies for alternative energy companies was little more than political posturing.
China’s top energy official, Zhang Guobao, said:
Does America want to get fair trade or a genuine dialogue, or get transparent information? I think not – it seems America’s main reason is to get votes.
He added:
Chinese subsidies to new energies companies are very small, but the United States subsidised new energy enterprises with $4.6bn in cash in the first nine months of 2010.
