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The Wall Street Publication > Blog > Business > U.S. Strikes India Deal in Bid to Loosen China’s Grip on Solar Panels
Business

U.S. Strikes India Deal in Bid to Loosen China’s Grip on Solar Panels

Editorial Board Published December 7, 2021
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U.S. Strikes India Deal in Bid to Loosen China’s Grip on Solar Panels
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A U.S. foreign-development agency intended to counter Beijing’s dollar diplomacy is lending $500 million to build a solar-panel factory in India, putting American taxpayer money behind a bid to weaken China’s dominance of the solar industry’s supply chain.

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