Home Page | Photos | Video | Forum | Most Popular | Special Reports | Biz China Weekly
Make Us Your Home Page
Most Searched: Xi Jinping   Chavez   DPRK   Meteorite   Syria   

China starts probe on European wine imports

English.news.cn   2013-06-06 13:15:19            

BEIJING, June 6 (Xinhuanet) -- China is launching an anti-dumping investigation into wines imported from the EU.

The decision follows a request from the China Alcoholic Drinks Association. The association complained that EU countries have been selling wines to China at below-market prices. Data from China’s Customs Administration shows 2 out of 10 bottles of wines sold in China come from Europe.

And prices are getting cheaper by the year. In the first two months this year, the average price of imported wines fell to below 6 dollars per liter, down 10% from a year ago. Meanwhile, domestic wine makers such as Great Wall and Dynasty have seen their earnings plummet in the past year.

(Source: CNTV.cn)


Editor: Yang Lina
Related News
Home >> Video            
Most Popular English Forum  
Top News  >>
Photos  >>
Top Video News Latest News  
  Special Reports  >>