Penfolds debuts on Bordeaux La Place
Treasury Wine Estates has announced that Penfolds 2018 Bin 169 Coonawarra Cabernet Sauvignon is to be distributed through the historic global distribution network La Place de Bordeaux.
Tag: Australian wine
Chinese wine market feels the pinch of Australian exit
The economic pains of the China-Australia conflict are also being felt in China, as the Chinese wine market struggles to absorb the aftershock of the boozy breakup.
Australian wine exports drained by China
Australian wine exports to China from January to June plunged to just AU$13 million, down from AU$419 million of the same period last year, as other market gains struggle to offset loss in its most valuable export market.
China files ‘unprecedented’ WTO complaint over Australian duties
Just days after Australia appealed to WTO over China’s tariffs on Australian wine, China hit back with unprecedented complaints against Australian duties.
France outstrips Australia to become China’s top wine supplier
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.
Chinese tariffs plunge Australian wine performance on secondary market
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.
China blocked over 9,000 bottles of Australian wines
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.
China slams Australian wine with 218% tariffs for 5 years
China has announced its decision to impose up to 218.4% tariffs on Australian wines for a period of five years.
Australian wine exports clipped by China tariffs
Australian wine exports slowed in the 12 months to December 2020, significantly clipped by China’s punitive tariffs in the last two months of the year that nearly flatlined December exports, according to Wine Australia’s latest Export Report released today.
Chinese Customs blocked 4 tons of Australian wine
Chinese customs has blocked the entry of four tons of Australian wines citing contaminated cork as the main cause for its decision, as relations between the two trading partners sinks to all time low.