China Calls for IAAF Investigation into Alleged Discrimination Against Chinese Goods Amid U.S. Subsidy Dispute.

China has called for the International Association of Industry (IAAF) to investigate allegations of discrimination against goods of Chinese origin. The dispute concerns five subsidies from the IRA, including the Investment Tax Credit (ITC) for Energy Property for projects that started construction before 1 January 2025 and the Clean Electricity ITC for projects operational after 31 December 2024. The base tax credit under both ITC programmes is six percent of the qualified investment in the energy property. The Production Tax Credit for Electricity from Renewables and Clean Electricity PTC have also been brought up to consultation from China. If domestic content requirements for both the ITC and PTC programmes are met, the tax credit amount can be increased by ten percentage points and ten% respectively. This comes after two US senators urged the President to lift an ongoing tariff exemption on bifacial modules, which represent nearly 90% of PV module imports.