Friday, 27 November 2020

Chinese give it to Australian wine producers with both barrels

It looks like Scott Morrison, Marise Payne and their mates have seriously aggravated the Chinese Government.


The Chinese Ministry of Commerce (MOFCOM) today announced the imposition of preliminary anti-dumping tariffs on Australian bottled wine imports. 

The tariffs range from 107% to 212% from Saturday, November 28, 2020.
 
The restriction on Australia’s exports to China will adversely impact the wine sectors of both countries. 

It will also be particularly disappointing for the millions of Chinese consumers who enjoy Australian wine, and the distributors in China who have built relationships with Australian wine businesses. 

Given the size of the tariff, Australian winemakers will now be forced to consider alternative markets for export sales.

This decision will have a significant impact on Australia’s rural and regional economies, particularly in those states most invested in grape growing and winemaking, where the impact on regional employment is likely to be felt most acutely.

“These are preliminary tariffs, and both the anti-dumping and countervailing duties investigations are ongoing” said Tony Battaglene, Chief Executive of Australian Grape &Wine.

“We continue to stand firm that Australian exporters are not dumping wines in the Chinese market, nor have they received subsidies that have had a negative impact on the Chinese wine industry.

“While we are disappointed with this development, our members will continue to cooperate with MOFCOM as the investigation continues, working towards an outcome that is consistent with the facts of the case, and supports the growth of the wine industry in Australia and China.”

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