CHINA: Chinese wine makers call for imported wine probe
CHINA: Chinese wine makers call for imported wine probe
Sep 5, 2012 6
(Just-Drinks) - The China Alcoholic Drinks Association (CADA) has petitioned the country’s Ministry of Commerce to open up dumping and subsidy investigations against imported wines from the European Union (EU), arguing that EU exporters have been behaving anti-competitively.
The move, announced late last month, follows a marked fall in sales of domestic wine in the country, with imported wines, primarily from Europe, posting healthy increases. Last year, China spent US$1.27bn on imported bottled wines, up 94% from 2010, with wines from France, Australia and Spain the most popular, according to China Customs.
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