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Australia subsidized wine exports, China's Mofcom says in preliminary ruling

( December 10, 2020, 03:37 GMT | Official Statement) -- MLex Summary: China’s Ministry of Commerce has found that wines in containers holding two liters or less imported from Australia have been subsidized and the domestic industry has been materially impaired, according to a preliminary ruling published today by the regulator. Importers must pay a security deposit starting tomorrow. The regulator opened its anti-subsidy investigation on Aug. 31. Separately, Mofcom on Nov. 27 ruled that Australian wines have been dumped in China and started imposing provisional antidumping measures on the products from Nov. 28.Mofcom’s ruling follows:...

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