China says deal reached to end probe into European wine


  • World
  • Friday, 21 Mar 2014

BEIJING (Reuters) - China's commerce minister said the Chinese and European wine industries had reached a deal to end an anti-dumping and anti-subsidy probe into European wine imports, ahead of a trip to Europe by China's president next week.

Beijing opened the inquiry last year into whether Europe was selling wine in China at unfairly low prices, a move widely seen in Europe as retaliation over EU efforts to hit Chinese solar panels with punitive import duties.

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