The People’s Republic of China’s solar panel production industry is running into a glut problem that is seriously depressing prices, to the point that in the current shakeout, many of the PRC-domiciled companies may not survive.
One place where panel prices remain elevated is the United States (thank you, Federal regulations and continued dependence on overseas component supplies), and one PRC-domiciled company that’s likely to survive is LONGi Green Energy Technology Co, Ltd, headquartered in Xi’an, the provincial capital of Shaanxi. In an effort to get around US strictures on PRC companies, LONGi has become a 49% owner of the joint venture (with Invenergy, headquartered in Chicago) of Illuminate USA, and the venture has opened a factory in Pataskala, OH.
The good folks of Pataskala are concerned about LONGi’s connections with the Chinese Communist Party, and Congresswoman Carol Miller (R, WV) has proposed more general legislation that would seek to prevent PRC companies from getting clean-energy subsidies.
Naturally, Zhong Baoshen, LONGi’s Chairman, objects, and herein lies the gaslighting. He insists that LONGi is a private company, and he then tries to distract by pointing out that Illuminate USA is a private company.
That fact is, there is no such thing as a private company in the PRC. Under that nation’s 2017 National Intelligence law, all PRC-domiciled companies are at the beck of the government’s intelligence community to use all of a company’s resources to conduct espionage whenever and targeting whatever the intelligence community decides it wants.
That leads to the misapprehension: too many entities—private companies in the US, politicians at all of the several US governmental hierarchies—actually believe that blandishment that private PRC companies really are private and have no connection whatsoever with any arm of the PRC government.