(Forbes) - Pesticide residue in Chinese red wine poses no threat to health, the country’s Ministry of Health said yesterday, according to a report in today’s state-published Shanghai Daily. The Securities Market Weekly of Beijing said last week 10 samples from three wineries including giant Changyu had high levels of residue levels of two pesticides, carbendazim and metalaxyl, according to the Shanghai Daily. Some stores subsequently took its wine off of their shelves, the paper said.