Bully boy China

Economy /  China Economy China-Australia relations: ‘speechless’ exporters fear Beijing may impose crippling anti-dumping duty on Australian wine Industry players in Australia await possible result from a months-long investigation into whether inexpensive wines have been ‘dumped’ in China News comes as Australia braces for an anticipated ban on exports to China that has already seen shipments of wine cancelled or suspended Topic |   China-Australia relations Su-Lin Tan Published: 4:30am, 5 Nov, 2020 Why you can trust SCMP Advertisement China may impose an anti-dumping duty of more than 200 per cent on Australian wine as soon as next week – a move that would effectively kick Australian wine brands out of the Chinese market as exporters are still reeling from the news this week of a possible outright ban on wine and other Australian products. The duty imposition, as flagged by industry group Australian Grape & Wine, could come on top of an anticipated ban on Australian exports that has already seen shipments of Australian wine cancelled or suspended this week. Li Wei, CEO of Australian wine exporter and producer Swan Wine Group, based in Sydney, was crestfallen at the developments, saying all of his Chinese customers have stopped placing orders. “We really didn’t think it would get to this stage,” he said. “We are very disappointed.

Published by technofiend1

Kazan- Kazan National Research Technical University Казанский национальный исследовательский технический университет имени А. Н. Туполева he graduated in Economics in 1982

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