China opens EU wine probe Trade dispute threatens to escalate towards a trade war


BEIJING: Beijing has begun an anti-dumping probe into European wine, the commerce ministry said yesterday after the EU imposed tariffs on solar panel imports from China, in a dramatic broadening of their trade dispute.

China is the EU’s second-largest trading partner, with US$546bil in two-way business last year according to Beijing’s figures, but the move widens a row that has already involved solar equipment and telecoms, chemicals and seamless pipes.

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Business , china , eu , dumping

   

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