In the news: Wine import tax and why the coast is still best

June 14, 2013 | BY

clpstaff &clp articles

The Ministry of Commerce has retaliated against EU solar tariffs with an investigation into European wine imports and a closer look at why foreign investors are still considering the coast for manufacturing despite soaring costs

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China retaliates with wine tax after EU solar tariffs announced

The Ministry of Commerce (MOFCOM) announced it has launched an investigation into European Union (EU) wine imports. The move comes a day after the European Commission decided to levy tariffs on China's solar panel products. France, Italy, Portugal and Lithuania voted for the anti-dumping taxes of 11.8% until August and then 47.6% for four months.