Australia's wine trade body Wine Australia has announced that it will close its China office in Shanghai, after exports to its once most profitable market plunged under China's punitive tariffs. Read More
Anti-dumping probe
Treasury Wine Estates has announced today that it will pivot towards other luxury markets to offset its loss in China and hints at opening a new production base in the country. Read More
Australian wine exports surged 4% on steady global demand in the 12 months ended in September amid a pandemic and tariff threats from its most profitable market - China. Read More
China's wine imports in the first nine months of the year continued a worrying double-digit slide, but rush for importers to stockpile Australian wine before punitive tariffs hit resuscitated imports in September. Read More
Australia's mining magnate, Andrew Forrest, is eyeing to buy the iconic Australian wine brand Penfolds, after its parent company Treasury Wine Estates floated the idea of demerging the brand earlier this year. Read More
Three biggest Australian wine exporters to China have been selected for China’s further investigation of Australia’s alleged dumping and subsidies, after 31 companies have completed sample questionnaires. Read More
What's really behind China's anti-dumping probe into Australian wine? Political and economic retaliation or much more? Read More