Country opts not to impose tariffs on EU brandy
China DailyAfter an eight-month investigation, China has opted not to impose provisional anti-dumping measures on imported brandy originating from the European Union, a move which experts view as a proactive step toward de-escalating tensions. By refraining from immediate punitive actions, China is signaling its willingness to engage in constructive dialogue and negotiation with the EU, setting a tone of cooperation and mutual understanding in addressing trade disputes, they added. This decision by the Chinese authorities stands in stark contrast to the actions taken by Brussels, which has pushed ahead with sharply raising tariffs on Chinese-made electric vehicles despite facing opposition within the EU, said Bai Ming, a researcher at the Chinese Academy of International Trade and Economic Cooperation. Cui Fan, a global trade professor at the University of International Business and Economics, said it is hoped that the EU will match China's efforts and demonstrate genuine goodwill in future negotiations, so that it can provide a resolution that satisfies the interests of both sides, Cui added.
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