Interesting article in the Want China Times about Chinese winemakers having filed a complaint to their Ministry of Commerce to demand an investigation into whether European imports are damaging China’s domestic market.
“Wang Zuming, head of the wine division of the China Alcoholic Drinks Association, told (news agency Xinhua) that winemakers want the ministry to look into the increasing amount of EU imports and its impact on the domestic industry,” the Want China Times reported.
Wang told the news organization that “almost every Chinese winemaker has felt the impact from the EU”.
“EU wine imports surged to 169,114 kiloliters, in 2011, from 35,944 kiloliters in 2008 at an annual pace of 67.71%. In the past four years, its market share in China increased from 4.94% to 14.76%, Wang said.
“The EU has provided various subsidies to the wine industry, putting Chinese makers at a disadvantage, Wang added. Due to the EU’s producing capacity and export potential, Wang argues that this can only have a negative impact on winemakers in China.”