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French cognac workers protest China bottling plan amid tariff threat
French cognac workers protest China bottling plan amid tariff threat
Economy
by  AFP

Hundreds of employees of French cognac maker Hennessy on Thursday staged a protest over potential measures to circumvent Chinese tariffs imposed in a spat with the European Union. Since October 11, China has required importers of European brandies -- of which cognac represents 95 percent of the total -- to submit a deposit or a bank guarantee letter with Chinese customs authorities.