China's ongoing anti-dumping investigation into EU-imported brandy isn't about singling out countries, Commerce Minister Wang Wentao clarified this week. The probe, triggered by a domestic industry complaint, aims to ensure fair trade practices, not predefined outcomes, he emphasized during talks in Paris 🇫🇷.
🔍 The investigation, launched in January, will review EU brandy imports from October 2022 to September 2023, focusing on containers under 200 liters. Officials stress it will follow Chinese law and WTO rules, with results expected by early 2025 (or mid-2025 if extended).
🤝 French brandy producers and trade associations met with Wang, pledging cooperation and expressing commitment to China's booming market. 'China’s vast consumer base and 2024 ‘Year of Consumption’ push mean huge opportunities for quality imports,' Wang noted, inviting French businesses to dive deeper into the market.
🎉 The timing aligns with the 60th anniversary of China-France diplomatic ties, with Wang highlighting 'broad prospects' for bilateral trade. As French brandy remains a luxury favorite in China, the probe’s transparency could set a tone for future economic partnerships.
📸 Fun fact: French brandy has been a star at events like Beijing’s 2021 Trade in Services Fair. Will this probe shake up the spirits scene? Stay tuned for updates! 🥃✨
