News Summary: China criticizes EU solar duties

News Summary: China criticizes EU solar duties, launches anti-dumping probe of European wine

TIPPLE FOR TAT: China announced a trade investigation of European wine in the same statement that expressed "resolute opposition" to punitive European tariffs on Chinese solar products.

SOLAR CENSURE: The European Union announced duties averaging 47 percent on Chinese-made solar panels, cells and wafers but said it would postpone imposing the tariffs until August. Germany has pledged to work to de-escalate the dispute. The U.S. imposed anti-dumping tariffs on Chinese solar panels last year following similar complaints.

GRAPES OF WRATH: Most of China's $1 billion in imports of European wine come from France, Spain and Italy. French and Spanish officials said they comply with anti-dumping laws that prohibit selling products abroad at lower prices than at home.