China Solar Industry in 'Deep Down Cycle', Polysilicon Maker Says

Amy Song, Vice President at GCL Technology Holdings, says many China solar manufacturers are in a serious downturn. She says layoffs by small players look permanent. She discusses the industry with David Ingles and Annabelle Droulers on "Bloomberg: The China Show."
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[vlhc]

It must be horrible for Chinese energy users to pay less and less for energy.

[fredfrond]

Climate change is an existential extinction event. But of course blocking the Chinese solar manufacturers is more important😂

[channelsold]

ahh great the experts didn't calculate the unseen power for over capacity needed for future solar panels maintenance and cost 😢

[gandhikumar]

When you expect others to fail, you are the loser

[NiteshKumar-ueyp]

My job is very very safe 😂😂
You never know

[lastChang]

China 🇨🇳 has an industrial overcapacity issue. This is a national-wide structural issue, whether in abandoned cars, solar panels, or empty apartments.
*All of them, including EV and solar panel sectors, are having trouble paying their bills, * a similar situation that happened to Evergrande and Country Gardens.

[dr.zschanel]

Boom and bust, nobody can avoid the cycle, China or other countries.

[NiteshKumar-ueyp]

Anna, can you go for a walk, please.
I want to focus on what they are talking about.😚

[ArabicReja]

Chinese solar panels are from Xinjiang region, where they are produced by:
- coal-fired plants, and
- using Uyghur forced labor in their production.