China and the European Union have reached a deal to end a dispute over European wine exports to China, the latest sign of improving ties and just days before China’s president visits Europe.
Beijing opened an inquiry last year into whether Europe was selling wine in China at unfairly low prices. The move was widely seen in Europe as retaliation over EU efforts to hit Chinese solar panels with punitive import duties.
The solar panels dispute was resolved, but China had pressed ahead with the wine case, saying it was a separate issue despite European expectations that the inquiry would also be dropped.
Read Full Article HERE
bljworldwide via CHINA US Focus http://ift.tt/1h27Gaq
No comments:
Post a Comment