Penfolds Faces Price War in China as Parallel Imports Undercut Official Sales 1 min read Australia China Companies Wine Australia China Companies Wine Penfolds Faces Price War in China as Parallel Imports Undercut Official Sales Morris Cai 2024-12-18 Australian wine giant Penfolds is facing a pricing crisis in China, with its wines appearing at drastically different price points following the lifting of tariffs on Australian wine. Read More
