Wednesday, June 12, 2013

Investigate Cheating China Trade Wines from Europe


Chinese government on Wednesday held an anti-dumping investigations and anti-subsidy to imported wine products from the European Union (EU). This investigation is called in response to an additional tax of Europe against Chinese solar panel products are considered to be too low.

Reported by Reuters, the Chinese government said that the investigation conducted at the request of the wine makers in the country. System based on dumping, price sold abroad more expensive than the price-producing country. The system is shut down because of competition from local businesses.

"The Ministry of Commerce received a request from the accused domestic wine industry from European products sold using fraudulent trading tactics, such as dumping and subsidies," said Chinese Commerce Ministry statement.

Beijing imported 430 million liters of wine last year, two-thirds coming from the European Union. Of France alone, 170 million liters shipped to China. This huge amount is considered suspicious.

"We also noticed an increase in imports from the EU in recent years, and we will investigate the legal suit," the statement again.

Vengeance
It is estimated that China was in retaliation for similar treatment in their solar panel products in Europe. A day earlier, Chairman of the EU Trade, Karel De Gucht, said solar panel products made in China are sold in Europe should be 88 percent higher than the market price.
EU finally impose additional taxes on Chinese products that 11.8 percent of the price. In this way, European hopes China's solar panel prices will rise slowly.

Respond to this move, the Chinese government inflamed. They rejected charges that are considered unjust. They expect the EU to resolve the issue through dialogue.

"Government and industry of China has shown great sincerity and efforts in solving these problems through consultation and dialogue," said Chinese Commerce Ministry spokesman Shen Danyang.

The European Union is China's most important trading partner. As for the EU, China dalah second largest partner after the United States. China's exports to the 27-nation European unity that reached 290 billion euros last year. European exports to China while only 144 billion euros.

Sources:
http://dunia.news.viva.co.id/news/read/418612-china-selidiki-kecurangan-dagang-anggur-dari-eropa

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