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Business
A more than $400 million drop in wine exports to China since January 1 drove a 10 per cent decline in global shipments of Australian wine in the 2020-21 financial year, figures released today by Wine Australia show.
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News
The state’s wheat farmers are bracing to be the next target of Chinese sanctions as more tariffs on Australian wine kick in.
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China is serious about imposing substantial trade penalties on Australian industry – evident by a Chinese Government crackdown on Australian coal imports, an anti-dumping ruling against Australian barley exporters and deregistration of four Australian beef exporters. But the most telling effect on South Australia will come from a possible anti-dumping finding against Australian wine exporters.
