The Rising Influence of Rising Affluence

[santafe2]

This is the model China uses for every industry they want to enter. In the early 2000s we bought solar panels primarily from Japan and South Korea. We never sold a Chinese solar panel. By the time I left the industry in the mid-2010s it was difficult to compete without selling Chinese panels. Today they own the market and most of the non-Chinese brand panels are manufactured in China.

Customers would ask about Canadian Solar as a non-Chinese brand. Their sales office is in Ontario. Everything else is owned and operated in China.