CHINA and the European Union continue to negotiate anti-dumping probe of European wine exports which amounted to 257.3 million litres in 2012, valued at US$1 billion, half of which were from France.
A decision to drop the wine anti-dumping probe is unconfirmed with a latest report from Reuters citing law firm's continued investigation into the Chinese industry association's complaint. However, discussion is a sign that Europe's most important trading partner is willing to ease tensions.
The threat of duties on European wine from France, Italy and Spain appears a symbolic move, particularly centred on the two countries, France and Italy, most in favour of hefty fines on Chinese solar panels.
Germany and Britain opposed the move with Germany as they would be hurt by tariffs in China, a major exporter of polysilicon, a raw material used in making solar-energy devices.
Source: http://www.schednet.com/home/index.asp?area=seacargo
A decision to drop the wine anti-dumping probe is unconfirmed with a latest report from Reuters citing law firm's continued investigation into the Chinese industry association's complaint. However, discussion is a sign that Europe's most important trading partner is willing to ease tensions.
The threat of duties on European wine from France, Italy and Spain appears a symbolic move, particularly centred on the two countries, France and Italy, most in favour of hefty fines on Chinese solar panels.
Germany and Britain opposed the move with Germany as they would be hurt by tariffs in China, a major exporter of polysilicon, a raw material used in making solar-energy devices.
Source: http://www.schednet.com/home/index.asp?area=seacargo
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