This is a positive strategy which will protect the solar industry in a long run. With the changing environmental crisis, it will benefits the whole solar power industry as China is the main manufacturer in the world in terms of price competitiveness & quality.
When the is a raise in equity injection, there should be new businesses / projects in the pipeline. Potential profits will be in the pipeline too. Time to invest before it swing up.
Niw, it is profit taking first before another plunge. The tariff deal is short live & watch the June bond maturity which is imminent to shake the whole market.
This is the short term (90 days) cut. China is aiming for zero tariff like what Japan is targeting at. End of the day, with presuures from those developed countries, US will have to come into concession to a lower tariff. The other pressing issue is the bond maturity in Jun 25, that is the moment where the world is watching how US is going to honour the repayment where the credibility is at the lowest points. Who will be buying the new issued bond.
Do not hope for the meeting to achieve any headway to the smoothen the imposed tax . China has already clearly stated its stance. US is deeply desperated as its economy is collapsing for launching this trade war.