INSUBCONTINENT EXCLUSIVE:
Beijing has extended an olive branch to French cognac producers by promising a “significant” tax refund if they cooperate with its
anti-dumping investigation into European Union brandy sold in China, according to an industry source with knowledge of the matter.
Major
brands Hennessy, Martell and Rémy Martin have been offered the terms, said the person, who spoke anonymously due to the sensitivity of the
issue.
To qualify, producers must agree to Beijing’s demands, commit to a minimum selling...
