Wednesday, June 5, 2013

Fair play

And all is fair in trade wars between China and the European Union, if this story is any indication;
The French government has labelled a Chinese anti-dumping probe into wine imported from the European Union (EU) "inappropriate and reprehensible".
China launched the investigation a day after the EU imposed anti-dumping levies on Chinese solar panel imports.
Dumping refers to firms selling goods below their fair value, which the EU alleges China's solar panel makers have done, undermining local manufacturers.
China said it "resolutely opposes" the "unfair" levies by the EU.
Meanwhile, European consumers of solar panels pay more, and Chinese wine drinkers do too.  In the name of fairness.

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