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France criticises China's anti-dumping probe into EU wine

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he French government has labelled a Chinese anti-dumping probe into wine imported from the European Union (EU) "inappropriate and reprehensible".

China launched the investigation a day after the EU imposed anti-dumping levies on Chinese solar panel imports.

Dumping refers to firms selling goods below their fair value, which the EU alleges China's solar panel makers have done, undermining local manufacturers.

China said it "resolutely opposes" the "unfair" levies by the EU.

Divide and rule


A French government spokesperson condemned the Chinese move and called for a meeting of all EU member states to show their solidarity on trade issues.

Germany's Economics Minister Philipp Roesler called for a negotiated solution.

"The EU must always negotiate and I think there's still the chance to quickly sit at the table and agree on a fair framework and definitely avoid a trade war that would affect many more areas than the photovoltaic sector," he told German television.

Raoul Ruparel, a European economy analyst at the Open Europe think tank, said: "There's an interesting question to be asked over why China chose this particular market for its investigation."China has a history of divide and rule within the EU and it has chosen a market which is focused in France and the Mediterranean - rather than Germany. This coincidentally mirrors the dividing lines which seem to be falling into place surrounding the EU's tariffs on solar panels."

In a statement, Shen Danyang, a spokesman for China's commerce ministry, said: "The Chinese government and industry have shown great sincerity and made enormous efforts in resolving the issue via dialogues and consultations.

"We hope the European side will show further sincerity and flexibility and find a solution that is acceptable to both sides via consultations."

The commerce ministry gave no immediate details about the scope or timeline of its EU wine investigation.

Ongoing dispute


China is the world's largest producer of solar panels and exported 21bn euros ($27bn; £18bn) worth of panels to the EU in 2011.

However, its success has been marred by allegations that it had been unfairly undercutting local manufacturers.

On Tuesday, EU Trade Commissioner Karel De Gucht said the price at which the Chinese panels were sold in Europe should be 88% higher than current charges.

As a result, the European Commission unveiled anti-dumping duties on Chinese solar panel imports.

However, they were lower than originally proposed - initially averaging 11.8% - and will be phased in gradually.

Wine consultant John Warontshak: "France is by far the biggest (wine) exporter into China"

Last month, the Chinese government had warned the EU that it would "take necessary steps" to defend its national interests, if any duties were levied against its goods.

Observers suggested that Beijing's latest move was a direct consequence of the EU decision.

"This might represent retaliation to what happened yesterday," Davide Cucino, president of the European Union Chamber of Commerce in Beijing, told the BBC.

"There is no interest for both actors to play the protectionism card, and frankly speaking retaliation represents a missed opportunity for China to provide the necessary evidence… in order to carry out a resolution to the photovoltaic case."

However, Mr Cucino added that the decision by the EU to impose only a portion of the duties "leaves space for a negotiation that might bring good results within a couple of months, with no effects to the two parties".

source: BBC News - France criticises China's anti-dumping probe into EU wine
 
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Lol France, no one forced you to start a trade war.

On the other hand, I'm pretty glad. My family owns wine operations in NZ, so this should cut down on the competition for the China market. :cool:
 
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We have them by the balls now.


Zhao%2Bwei%2Bfrance%2B005a.jpg


Several Chinese companies (state owned) and wealthy individuals have bought property in those parts. I don't see how this investigation into alleged wine prices dumping will help their case. It could be just prosecution of those Chinese which decided to unload their money in the west because they feel it is not safe in China.

You people are deluded anyway as evident from the People's Daily editorial:

"We have set the table for talks, (yet) there are still plenty of cards we can play," the newspaper wrote. "China does not want a trade war, but trade protectionism cannot but bring about a counter-attack."

A declining Europe needs to understand it can no longer laud it over other countries, the paper added.

"Times change and power rises and falls. Still this has not changed the deep-rooted, haughty attitudes of certain Europeans,"

China has more cards to play in EU trade dispute - People's Daily | Reuters

if there will be any trade war, China exports much more to europe then Europe to China. Loss of those exports is something the CCP can ill afford, it would mean either masses of laborers fired or going on the government subsidies. What's even better, if EU companies close all the doors of the factories in China, there would be even more lay-offs. If you annull the Airbus deal you are left without the technology transfer you are seeking so desperately for those COMAC flying coffins. That's why the editorial barks so much. Zhong Sheng knows his hands are tied. :lol:
 
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How can China threaten EU with their cheap goods??

EU will shift to another vendor, simple as that.

It will take some time for their markets to adjust but certainly they can.
 
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^^^^

You have no idea how silly you sounded.

If indeed what you said can be done, France would not raise hell.
 
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The French cannot simply 'adjust' considering that China is the third largest market for its wines. Not to mention that American wines are trying very hard to earn a bigger share in China.

How can China threaten EU with their cheap goods??

EU will shift to another vendor, simple as that.

It will take some time for their markets to adjust but certainly they can.
 
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Simply tit for tat - well done China!

France, Spain and Italy can sell their surplus wines to india!

You have all the S and N Americans, the Oceania competing!

http://4.bp.blogspot.com/-yhM5KnKAvOA/UGpLXgyRJeI/AAAAAAAAIo4/GtlADxeKyl8/s400/Zhao Wei%2Bfrance%2B005a.jpg[/IMG]

Several Chinese companies (state owned) and wealthy individuals have bought property in those parts. I don't see how this investigation into alleged wine prices dumping will help their case. It could be just prosecution of those Chinese which decided to unload their money in the west because they feel it is not safe in China.

You people are deluded anyway as evident from the People's Daily editorial:



China has more cards to play in EU trade dispute - People's Daily | Reuters

if there will be any trade war, China exports much more to europe then Europe to China. Loss of those exports is something the CCP can ill afford, it would mean either masses of laborers fired or going on the government subsidies. What's even better, if EU companies close all the doors of the factories in China, there would be even more lay-offs. If you annull the Airbus deal you are left without the technology transfer you are seeking so desperately for those COMAC flying coffins. That's why the editorial barks so much. Zhong Sheng knows his hands are tied. :lol:

You are just as delusional as you are even though you appear to be in australia

the bilateral trade between the China and EU is about break even wherein Germany holds a surplus in the region!
 
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Is that how you Indians serve your white masters, including French, Italian, British and American? :omghaha:

no 2 in the world after s. korea seeking eyelid and more Caucasian features through plastic surgeries are Chinese. :rofl:

Simply tit for tat - well done China!

France, Spain and Italy can sell their surplus wines to india!

You have all the S and N Americans, the Oceania competing!



You are just as delusional as you are even though you appear to be in australia

the bilateral trade between the China and EU is about break even wherein Germany holds a surplus in the region!

Chinese wines in N america- hmm?
 
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do you know what this is all about before your comment?

I know what this about but your claim that Chinese will have N american market is what i was asking you clarity on. I was not sure what you meant by that statement.
 
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