China launches anti-dumping probes into EU wines
Updated: 2013-07-01 21:28
By BAO CHANG (chinadaily.com.cn)
|
||||||||
The Ministry of Commerce announced on Monday that it will launch anti-subsidy and anti-dumping investigations on wines imported from the European Union effective July 1. The investigations will be completed within a year.
The decision comes as the China Alcoholic Drinks Association proposed an investigation on EU red wines on behalf of domestic producers in May, complaining that the domestic industry has been harmed due to EU's unfair subsidizing behavior.
China is one of the most important wine export destinations of the EU. A survey from China International Capital Corporation Limited shows that 69 percent of imported red wines in the Chinese market in 2012 were from Europe, and the value of imports totaled nearly $1 billion last year.
- Bakelants claims Tour de France second stage
- 2013 BET Awards in Los Angeles
- Gay pride parade around the world
- Four dead in Egypt clashes, scores wounded
- New NSA spying allegations rile European allies
- Foreign minister makes ASEAN debut as tensions flare
- Yao stresses transparency in charity
- NYC's gay pride march for celebration
Most Viewed
Editor's Picks
Taking the reins of great change |
Lifting the veil of feng shui |
A growing thirst for water safety |
Justice, Tibet style |
Getting the point of TCM |
Highlights of luxury China 2013 |
Today's Top News
Forum aims to prevent sexual assaults against children
Chinese petitioning goes online
Lesbians celebrate end of blood donation ban
Teachers will be absent from banquets
Student commits suicide after spending tuition fees
Addict mother 'killed her son'
Draft on animal regulations solicits debate
Chinese, US deals will grow this year
US Weekly
Geared to go |
The place to be |