Chinese Solar Sector’s Recovery Unlikely as Glut Persists

(Bloomberg) — China’s floundering solar sector will continue to face tough times in the short-term, major manufacturer Longi Green Energy Technology Co. said, as an oversupplied market keeps profits suppressed. Most Read from BloombergMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max CrashesBiden Narrows Gap With Trump in Swing States Despite Debate LossMorgan Stanley’s Wilson Says a 10% Stock Market Correction I