SUMMARY
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With the June 6 deadline for the European Union to decide whether to go ahead and impose punitive duties averaging 47% on imported Chinese solar products, Chinese Premier Li Keqiang weighed in for the first time in the trade dispute. As EU’s biggest ever trade investigation enters a critical phase, Li Keqiang warned that an EU investigation into Chinese-made solar panels and telecommunications equipment would backfire by hurting European consumers. The European Commission – the EU’s executive arm – argues that Chinese firms are unfairly undercutting rivals.
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