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China Declares War on French Wine
Townhall.com ^ | July 5, 2013 | Mike Shedlock

Posted on 07/05/2013 6:26:30 AM PDT by Kaslin

In retaliation for ridiculous EU tariffs on solar panels (sponsored mainly by France over the objections of Germany) China Declares War On Wine.

Via Mish-modified Google translate from El Economista ...

The Chinese government has decided to launch an investigation into the European wine sector with the later intention to apply a punitive tax if necessary, as China authorities accuse wine producers in the European Union (EU) of unfair trade tactics such as dumping and subsidies.

The temporary imposition of a tariff on Chinese solar panels by the EU started a trade war whose greatest victim is wine.

"This is a thorough research on European wines for export, in all formats, is bottled in barrels or in bulk," say sources familiar with the process, which warned that the wineries are going to have to face a complicated process and urgent administrative that could derail Asian exports. And that is bad news for an industry whose sales in their home markets is already complicated by the financial crisis.

Chinese authorities have given wine exporters 20 days to register as companies subject to investigation, and if they are not registered before July 21, China will automatically apply a punitive percentage.

No One Wins a Trade War

Should the EU be stupid enough to press the matter further, China would likely respond in kind.

For example China could threaten to place tariffs on cars from Germany or better yet Airbus planes (manufactured in a consortium of countries including France).

Strong retaliation might drive home the point, but don't count on it. Never underestimate the stupidity of EU bureaucrats who think they can impose their wishes on the market.


TOPICS: Business/Economy; Editorial
KEYWORDS: china; eurozone; france; french; jobs; mikeshedlock; tradewar
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1 posted on 07/05/2013 6:26:30 AM PDT by Kaslin
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To: Kaslin

Well, at least the stinky cheese is still safe.............


2 posted on 07/05/2013 6:28:41 AM PDT by Red Badger (Want to be surprised? Google your own name......Want to have fun? Google your friend's names........)
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To: Kaslin
France says trade deficit with China unsustainable

France has been losing the trade war with China. Now they have started raising tariffs and fighting back.

Wish America had the guts to do the same.

3 posted on 07/05/2013 7:11:24 AM PDT by DannyTN
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To: Kaslin
France says trade deficit with China unsustainable

France has been losing the trade war with China. Now they have started raising tariffs and fighting back.

Wish America had the guts to do the same.

4 posted on 07/05/2013 7:11:24 AM PDT by DannyTN
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To: Kaslin

“No One Wins a Trade War”

-

Sorry, but that is just wrong.


5 posted on 07/05/2013 7:12:54 AM PDT by Cringing Negativism Network
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To: Kaslin
China authorities accuse wine producers in the European Union (EU) of unfair trade tactics such as dumping and subsidies.

There's a real knee-slapper.

6 posted on 07/05/2013 7:19:09 AM PDT by skeeter
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To: Kaslin

If France wants to under price their wines, I’ll give them my address. I’ll take a few cases of cheaply priced Premier Grand Cru Bordeaux wines. It’s be in for a few cases of Sauternes also. I’ve paid enough retail prices. It would be nice to get it at a discount.

I’ll be waiting by my phone.... I really hope they call.


7 posted on 07/05/2013 7:29:32 AM PDT by Dutch Boy
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To: Kaslin
No One Wins a Trade War

Sure they do - when your opponent doesn't fight back. All of Asia has been successfully fighting a trade war against the US for decades.

8 posted on 07/05/2013 7:47:48 AM PDT by Last Dakotan
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To: Dutch Boy

Yeah, but will you then get the real thing, or will water be added to it?


9 posted on 07/05/2013 7:55:43 AM PDT by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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To: Red Badger

Hey I love Brie and Camembert cheese, which do not stink. The only thing is you have to be careful that is not overripe. I ate a Camembert sandwich once many, many years ago and got sick


10 posted on 07/05/2013 8:03:01 AM PDT by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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To: skeeter

Excellent point


11 posted on 07/05/2013 8:03:44 AM PDT by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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To: Kaslin

Interesting. One normally doesn’t associate China and wine.


12 posted on 07/05/2013 8:06:52 AM PDT by Fiji Hill
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To: Kaslin

You must have forgot to take the rind off........I did that once............


13 posted on 07/05/2013 8:14:07 AM PDT by Red Badger (Want to be surprised? Google your own name......Want to have fun? Google your friend's names........)
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To: Kaslin

If both the US and EU placed the kind of tariffs and rules on China that China places on them, the Chinese economy would implode.


14 posted on 07/05/2013 8:17:33 AM PDT by Orbiting_Rosie's_Head (argh)
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To: Kaslin

As a side note, France keeps it’s finest wine batches in France, it exports the secondary and lesser quality products. You may as well order Californian wines unless you are on French soil.


15 posted on 07/05/2013 8:33:47 AM PDT by GreatRoad (O < 0)
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To: Fiji Hill

I sure wouldn’t, plus I wouldn’t buy wine from China in the first place


16 posted on 07/05/2013 11:44:06 AM PDT by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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To: Red Badger

There is no need to take the rind off as it is edible, compared to rinds made of wax like in a Gouda cheese. I do remember that the cheese was very soft. Since that time I make sure never to buy Camembert or Brie cheese that is to soft


17 posted on 07/05/2013 11:52:00 AM PDT by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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To: Cincinna; AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; ...

Thanks Kaslin.
In retaliation for ridiculous EU tariffs on solar panels (sponsored mainly by France over the objections of Germany) China Declares War On Wine.
Incompetent French leftist trash regime ping.


18 posted on 07/05/2013 12:01:30 PM PDT by SunkenCiv (McCain or Romney would have been worse, if you're a dumb ass.)
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To: Dutch Boy; Kaslin
Maybe we could do a group buy!

BYW - In the '70s the Frenchies were caught blending Algerian wine with their export products. Really the impetus for the Cali wines to expand on the east coast.

19 posted on 07/05/2013 12:16:35 PM PDT by kitchen (Make plans and prepare. You'll never have trouble if you're ready for it. - TR)
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To: Kaslin

I ate the wax.............


20 posted on 07/05/2013 12:37:06 PM PDT by Red Badger (Want to be surprised? Google your own name......Want to have fun? Google your friend's names........)
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