Beijing launched an anti-subsidy proceedings against European wines
China has officially launched anti-dumping and anti-subsidy investigations into wines imported from the European Union.
The Chinese Ministry of Commerce said on Monday the investigation will determine whether European wine makers are dumping their products into China and receiving illegal government subsidies.
The anti-dumping and countervailing duty probe was launched at the request of China Alcoholic Drinks Association, China's Global Times reported.
The 28-member EU currently is China's largest trading partner, with Chinese exports totaling about $377 billion last year. However, trade disputes between the two have been growing. (MTI, Trebitsch Péter)
Related news
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >