China may probe EU wine: report
China may probe EU wine: report
May 21, 2013 6(Xinhua) -- China is likely to make substantive moves this year toward initiating an anti-dumping investigation into wine imported from the eurozone, the China Security Journal reported on Tuesday.
The government may take a further step in pushing the probe in response to a strong call from the domestic wine industry and a string of anti-dumping cases brought by the European Union (EU) against Chinese products, the report quoted insiders as saying.
The Chinese Alcoholic Drinks Association announced last August that it had submitted a petition to the Ministry of Commerce, calling for an anti-dumping investigation regarding wine imported from the EU.
Chinese wine producers have been squeezed by stiff competition from their strong overseas counterparts and a persistent slump in their home market.
Exports now make up nearly one-third of China's liquor market. Wine from the EU took up 58.7 percent of China's wine imports in the first two months of 2013, customs data showed.
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