China extends EU brandy probe, delays definitive penalties
- China will extend its anti-dumping investigation into EU brandy by three months, according to its commerce ministry.
- The investigation, which began in January 2024, gives EU exporters, particularly French cognac suppliers, more time to prevent penalties.
- French Foreign Minister Jean-Noel Barrot's visit led to the delay, allowing for deeper bilateral cooperation amid U.S. Trade threats.
- China's whisky market is expected to grow rapidly, projected to nearly triple by 2027, according to estimates from Euromonitor International.
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China extends EU brandy probe, delays definitive penalties
BEIJING: China will extend its anti-dumping investigation into EU brandy by three months, its commerce ministry said on Wednesday (Apr 2), giving EU exporters, mainly French cognac suppliers, more time to try to avert painful Chinese penalties. The probe, initiated in January 2024 amid heightened trade ten
·Singapore
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