EU Confident on Wine Dispute With China
25/11/2013 12:00
BEIJING--There are good prospects for the resolution of a trade dispute over shipments of European wine to China, Karel de Gucht, the European Commissioner for Trade, said Friday.
China began an anti-dumping and anti-subsidy investigation into European wine exports in June. Dumping refers to selling goods below the cost of production with the aim of forcing competitors out of business.
"It's not an impossible case to resolve," said Mr. de Gucht at a press briefing in Beijing. "It will be extremely difficult for the Chinese to demonstrate that there is dumping."
When China began its investigation, the country was also locked in a battle with the EU over alleged dumping of solar panels exported to Europe--a dispute that was resolved in July.
Mr. de Gucht denied that there was any connection between the two cases.
"It's the wrong approach to say we won't do this because it could influence that," he said. "I don't think the Chinese are doing that."
Source: Wall Street Journal
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