Treasury Wine Estates will shut down its Karadoc winery in Victoria amid rising operational costs and China's punitive tariffs that have made the wine giant's commercial wine operation "unstainstable" Read More
Victoria
Weilong Grape Co, China's third biggest wine producer, plans to sell over 320 hectares of its vineyards in Australia for RMB 660.6 million (AU$143 million), one year after China's punitive tariffs on Australian wines have crushed its grape dream. Read More