Financial Wire

Market Chatter: China Weighs Solar Technology Export Curbs to U.S.

-- Sources said China is in early talks to restrict exports of advanced solar manufacturing equipment to the U.S., Reuters reported Wednesday.

The move could threaten U.S. firms like Tesla, which plans to build solar factories using Chinese gear, according to the report. China controls over 80% of global solar component supply and top equipment makers.

The crackdown would widen technology export curbs amid escalating U.S.-China rivalry, including a space-based solar race involving Elon Musk, Reuters wrote.

No rules are final yet, with the talks yet to advance to the stage of canvassing formal feedback, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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