European brandy makers suffer as China launch tit-for-tat probe

European brandy makers suffer as China launch tit-for-tat probe By Leah Montebello Updated: 21:50 GMT, 5 January 2024 e-mail View comments China has launched an investigation into French brandy imports as tensions with Brussels continue to rise. Chinese officials have said they will probe whether European producers of drinks are dumping their products on its market. This is the process of exporting goods to a country at prices that do not reflect their costs. It can ultimately push local producers and manufacturers out of business. And Chinese authorities said the move was prompted by complaints from local producers. Probe: Brandy…