Party is over for dirt-cheap solar panels, says China executive
Always over until it starts again. Note that the party is over (in this case) because it is threatening smaller businesses, not because there is a lack of capacity or that the "big guys" couldn't still make money at the reduced rate. In every industry where I have been aware of this this situation coming up (voluntary reduction in production in order to shore up prices), it works for a while and then people "cheat" and ramp up their production to make a bit more money with their now dormant capacity. And then more people cheat, and the party is back on again. The Chinese are notoriously fierce in their desire to make a buck and so I give this one about a 5% chance of lasting through the end of 2019.