China, Trade wine (By Sylodium, international trade directory)

China’s Ministry of Commerce (MOC) announced it would launch an anti-dumping and anti-subsidy investigation over wine imported from European Union countries. Liu Danyang, deputy director at MOC’s Fair Trade for Imports and Exports said that "It is a normal trade investigation in accordance with Chinese law.” For the first two quarters this year, China had increased its wine imports from European countries, but growth had slowed down. The total volume of wine imports from the EU to China in 2012 was valued at $1.04 billion. France, Spain, Italy and Germany are the four main wine exporters to China. The combined export volume from these four countries in 2012 accounted for 96.33% of the total amount of wine that the EU exported to China. France, Spain and Italy voted in favour of the anti-dumping and anti-subsidy investigations conducted by the EU, and only Germany opposed. An anti-dumping tariff from China would most affect these countries. Sylodium (global import export directory) you can advertise for free your company or your project, at the intersection of cities that you want, for example; Madrid (Spain) - Paris (France), Berlin (Germany) - Beijing (China) or any city around the World.

Other news from China, Bohai Bay