French Cognac Producers Push for Deal on China Dumping Probe

(Bloomberg) — Cognac makers accused of dumping French brandy in China have called for a deal to end the dispute before President Xi Jinping’s state visit to France.

The summit on May 6 offers a “unique opportunity for an agreement,” the Bureau National Interprofessionnel du Cognac, an industry association, said in a statement Thursday.

China’s Ministry of Commerce started an anti-dumping investigation into liquor products such as distilled grape brandy, known as Cognac, from the European Union earlier this year. The move came after the EU opened a probe last fall into China’s electric vehicle subsidies.