A woman tastes wine at Wine China Expo 2013 in Beijing September 24, 2013. Credit: REUTERS/Kim Kyung-Hoon
EU, China End Wine Dispute Ahead Of Xi's European Ttour -- Reuters
(Reuters) - China and the European Union have reached a deal to end a dispute over European wine exports to China, the latest sign of improving ties and just days before China's president visits Europe.
Beijing opened an inquiry last year into whether Europe was selling wine in China at unfairly low prices. The move was widely seen in Europe as retaliation over EU efforts to hit Chinese solar panels with punitive import duties.
The solar panels dispute was resolved, but China had pressed ahead with the wine case, saying it was a separate issue despite European expectations that the inquiry would also be dropped.
Paris was especially eager to see the probe called off. It remained an obstacle in trade relations between the two countries before next week's visit by Chinese President Xi Jinping to the French capital as part of a European tour.
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My Comment: The Chinese enjoy European wine .... and the EU enjoys selling it. I did not expect this dispute to last long.
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