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#1 Posted : 15 May 2019 08:47:20(UTC)
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The solar panels dispute was resolved, but China had pressed ahead with the wine case, saying it was a separate issue.

Paris was especially eager to see the probe called off as it remained an obstacle in trade relations between the two countries before next week’s visit by President Xi Jinping to the French capital as part of a European tour.

China’s Commerce Minister Gao Hucheng yesterday welcomed the deal, which both sides hope will set a precedent in bilateral relations after the solar-panel spat last year.

“Since the resolution last year of the China-EU solar panel dispute via dialogue and consultation, China and Europe have been on the right track for dealing with trade frictions New Jordan Releases 2017 ,” the minister said.

The agreement was reached by involving Chinese and European wine producers, with support from Brussels and Beijing, EU Agriculture Commissioner Dacian Ciolos said.

Under the deal, European producers have committed to providing technical assistance to help develop China’s wine industry. In return, Chinese buyers will promote European wine more widely in China.

France Air Jordan 13 Retro For Sale , the world’s biggest wine producer by value, has in the past called China’s decision to consider duties on French wine “inappropriate and reprehensible.”

EU wine exports to China excluding Hong Kong, which EU officials say was not covered by the investigation, reached 257 million liters in 2012, with a value of nearly US$1 billion. More than half came from France.

The EU is China’s most important trading partner and China is second only to the United States for Europe in terms of trade. But growing Chinese export volumes have raised concerns in the EU Air Jordan 13 For Sale , which is struggling to overcome a debt crisis, about the impact on its industries.

China and Europe also resolved another dispute this week, when German chemical company Wacker Chemie said China had agreed to refrain from charging it anti-dumping tariffs on polysilicon, which is used in making solar panels.

Of the major disputes between China and the EU, just one over telecoms remains.

The European Commission has threatened to investigate accusations of unfair pricing by China’s Huawei Jordan 13 Retro For Sale , the world’s second-largest telecoms equipment manufacturer, and ZTE, the fifth largest. European manufacturers Ericsson, Nokia Siemens and Alcatel-Lucent told EU officials they have suffered as a result of cheap Chinese imports of telecoms gear.

Huawei and ZTE deny breaking any rules and both EU Trade Commissioner Karel De Gucht and China’s Gao have signaled that
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