France has overtaken Australia to become China’s No.1 wine supplier, based on the latest Customs data, a result of the crippling tariffs slapped on Australian wines. Read More
Australia
China's punitive tariffs of up to 218% on Australian wines are not only corking Australian wine exports, but also having a "detrimental impact" on Australia's performance in the secondary market, according to Liv-ex. Read More
More than 11 tons of Australian wines were blocked from entry in China due to what customs authorities cited as using excessive food additives and labeling issues.
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Australian wine giant Treasury Wine Estates' stock prices rose 8% on news of a potential buy-out from France's biggest drinks and beverage owner, Pernod Ricard. Read More
China's leading supermarket operator, Yonghui Superstores, is betting big on wine, buoyed by the country's wine consumption potential. Read More
An inter-provincial police operation led by Guangzhou police has seized the biggest haul of fake Penfolds in China, with wines worth over US$20 million. Read More
China's October wine imports surged for the first time this year as merchants rush to stockpile Australian wines before any hefty punitive tariffs that have now come into effect this month. Read More
Australian wine giant Treasury Wine Estates has officially halted its plan to demerge its most popular wine brand, Penfolds, as its biggest export market China mounts tariff threats and wine ban. Read More
In a significant escalation of tensions, China has ordered merchants to stop purchasing at least seven categories of Australian commodities including wine starting from this Friday, according to a leaked memo. Read More
Is New Zealand's wine at the risk of being targeted by China following investigation into its Australian neighbor? Read More