China, EU Settle Wine Dispute As Trade Tensions Cool Down

Law360, New York (March 21, 2014, 4:27 PM EDT) -- Chinese and European Union officials announced on Friday that a cooperation agreement between their countries' respective wine industries has ended China's investigation into EU wine imports in the latest sign that the trade relations between the two powers are on the mend.

The settlement of China's anti-dumping and countervailing duty investigation of EU wine comes on the heels of the government's recent decision to close a similar probe of EU solar-grade polysilicon, a development EU Trade Commissioner Karel De Gucht noted in a statement issued Friday....
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