面对供应过剩、价格战以及欧盟、印度、巴基斯坦和巴西等主要出口市场日益增长的保护主义威胁，中国领先的光伏出口商——包括天合光能、隆基绿能和通威股份——承诺停止在海外市场的价格下调竞争。这一举措旨在稳定出口市场，推动行业可持续发展。 主要动态 行业协作： 由 中国机电产品进出口商会 牵头成立了由 22家光伏企业 组成的“自律”委员会，致力于促进健康竞争，稳定出口价格。 政策调整： 自 12月1日 起，硅片、电池片和组件的出口退税率将从 13% 降至 9% ，旨在鼓励出口高附加值产品，减少反倾销调查风险。 产能过剩危机： 过度生产导致价格下滑，造成大量亏损、裁员，甚至企业破产，给中国光伏企业带来沉重压力。 全球影响： 中国在光伏出口市场的主导地位受到越来越多的关注，外国市场可能采取反补贴措施，这为行业增加了更多的不确定性。 专家观点 大和证券分析师Dennis Ip： 退税率下调可能对光伏组件公司的短期财务状况产生负面影响，但从长期来看影响有限。 隆基绿能的观点： 行业领导者认为，这一举措是中国光伏行业的“转折点”，强调合作对于维持全球竞争力的重要性。 展望 随着中国光伏企业努力实现市场稳定，向高附加值产品和合作战略的转型有望改善行业的全球形象和长期韧性。然而， 产能过剩 和 退税减少 的直接挑战依然严峻。在国际市场压力下，如何平衡短期财务影响与长期发展需求，将成为行业关键议题
The Mexican peso tumbled to its weakest level in over two years, and Asian currencies retreated as the US dollar rallied after President-elect Donald Trump pledged sweeping tariffs on key trading partners.
Trump, set to take office on Jan 20, 2025, announced plans to impose a 25% tariff on imports from Canada and Mexico and an additional 10% tariff on Chinese imports, compounding market jitters.
The Mexican peso sank as much as 2.3% to its lowest level since August 2022, before stabilizing at a 1.7% loss by 0745 GMT. The US dollar soared to a 4.5-year high against the Canadian dollar, while climbing to its strongest level since July 30 against China’s yuan.
EM Asian Currencies Under Pressure
Currencies in emerging Asia also faced losses, with the Malaysian ringgit and Indonesian rupiah declining by 0.4% each. The Thai baht fell up to 0.4%, pressured by concerns over the country’s widening trade deficit with China.
Thailand’s trade deficit with China has ballooned, reaching US$36.7 billion in 2023, up from US$10.49 billion in 2013. Analysts flagged potential ripple effects from Trump’s tariffs on Mexico, as goods exported through Southeast Asia could be impacted.
Maybank analysts emphasized the delicate balancing act Thailand faces: “Authorities need to protect domestic firms and jobs while maintaining mutually beneficial ties with Chinese companies.”
Singapore’s Inflation Dip Adds to Currency Woes
The Singapore dollar fell by 0.4% following data showing inflation at a near three-year low. This raised speculation that the central bank could cut interest rates as early as January, according to Barclays analysts.
Southeast Asian Stock Markets React
The region’s equity markets mirrored currency declines, with stocks in Singapore, Manila, and Indonesia falling between 0.3% and 0.6%.
Thin trading volumes outside the North American time zone likely contributed to exaggerated market moves in Asia, said Alex Loo, an FX and Macro strategist at TD Securities, Singapore.
Trump’s tariff plans are expected to reshape global trade dynamics, adding further strain to emerging markets already navigating slowing growth and rising inflation.
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