China could lift its punitive tariffs on Australian wine before the end of June, according to former Australian Ambassador to China, signalling a key step to bring the bilateral wine trade back on track. Read More
Australian wine
Tom King, managing director of Australia’s popular wine brand Penfolds, has met with China’s official drinks trade organization, the first high-level meeting between the two parties following the signing of their long-term partnership last year. Read More
China's punitive tariffs on Australian wines could be lifted in an unofficial manner as tensions between the two countries thaw following signs of warming ties. Read More
Last week's meeting between Australian Prime Minister Anthony Albanese and Chinese President Xi Jinping in Bali raised hopes for Australia's wine industry. Read More
Australia’s annual wine exports contracted 11% in value to AU$2.01 billion but Wine Australia is sanguine about its future as it is seeing “the tail end of the decline” in exports to mainland China. Read More
Australia has appointed two country managers for Japan and South Korea to grow Australian wine as it tries to diversity and intensify Australian wine exports during "a really challenging time" amid sharp export drops to China. Read More
China is suspending all imports from Australia and New Zealand including dairy, beef, agricultural products and wines with immediate effects, a significant escalation of tensions between China and its pacific neighbors. Read More
Treasury Wine Estate (TWE), the parent company of popular Australian wine brand Penfolds, revealed its revenue in mainland China has plunged by more than 97% or about AU$76.2 million from July to December 2021 due to China’s crushing anti-dumping tariffs. Read More
Customs officers in Shenzhen Bay Port have seized RMB 1.5 million (US$ 236,637) worth of fine wines smuggled from tax-free Hong Kong to mainland China, mostly consisting of Australian wines. Read More
China’s harsh anti-dumping tariff imposed on Australian wine has cost Australian wine industry AU$ 1 billion, according to the country’s wine trade body, resulting in a 30% decrease in Australia’s overall wine exports last year. Read More