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Business trends

Solar panel makers brush off US tariffs and head to emerging markets

Industry leaders say the Trump administration's move will backfire on America

Demand for solar panels is rapidly growing in emerging nations like China.

TOKYO -- Solar panel makers are looking beyond the U.S. to emerging markets, where demand for renewable energy is soaring, following American President Donald Trump's decision to impose safeguard tariffs early this year.

China's JinkoSolar Holding, the world's largest panel maker with a roughly 10% share of the global market, views the U.S. as just one of the places where it sells, Vice President Qian Jing told Nikkei.

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