Daily Archives: June 5, 2013

Kate Allen

China has declared war on European wine producers, in an apparent tit-for-tat spat about solar panel tariffs.

The move is a canny one on China’s part. Although European wine-makers have historically not been favoured by Chinese consumers, that has begun to change. Between 2008 and 2012 Chinese consumption of European wines rocketed by 445 per cent. This is despite the fact that duties and taxes already account for around half the price of the average imported bottle.