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China hit Australian barley, beef and now wine
China launched an investigation into allegations that Australia dumped wine, or sold it below the cost of production.
The Australian Government, winemakers and farmers denied any wrongdoing, that the allegations are perplexing as the wine-making process is expensive.
The China market takes up more than one-third of Australia's wine exports by value.
In May, China announced huge tariffs on Australian-grown barley typically used to make beer, and suspended exports from four Australian abattoirs selling beef to China for not meeting labelling requirements.
Australian politicians said that the incidents are not linked to broader political tensions. Yet, Chinese officials said earlier this year that they could boycott Australian exports because of Canberra's push for an independent inquiry into the coronavirus outbreak.
Source: ABC #Aug19
#Wineexports #tariffs #tradewar #Food
https://www.abc.net.au/news/2020-08-19/china-eyes-australian-wine-export-in-latest-trade-move/12571672
China launched an investigation into allegations that Australia dumped wine, or sold it below the cost of production.
The Australian Government, winemakers and farmers denied any wrongdoing, that the allegations are perplexing as the wine-making process is expensive.
The China market takes up more than one-third of Australia's wine exports by value.
In May, China announced huge tariffs on Australian-grown barley typically used to make beer, and suspended exports from four Australian abattoirs selling beef to China for not meeting labelling requirements.
Australian politicians said that the incidents are not linked to broader political tensions. Yet, Chinese officials said earlier this year that they could boycott Australian exports because of Canberra's push for an independent inquiry into the coronavirus outbreak.
Source: ABC #Aug19
#Wineexports #tariffs #tradewar #Food
https://www.abc.net.au/news/2020-08-19/china-eyes-australian-wine-export-in-latest-trade-move/12571672
www.abc.net.au
Poisoned chalice: Why China's scrutiny of Australian wine is bad news
While the Australian Government and winemakers deny any wrongdoing in a spat with China over wine prices, there could be more to the latest bump in the rocky relationship with our largest trading partner.