China lifts heavy tariffs placed on Australian wine during Covid in sign of improving ties
9 months, 1 week ago

China lifts heavy tariffs placed on Australian wine during Covid in sign of improving ties

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy China on Thursday said it will lift tariffs placed on Australian wine over three years ago, in a sign of improving ties between the two countries. China imposed tariffs on Australian wine in 2020 during a diplomatic feud, sending duties skyrocketing above 200 per cent. The Australian wine market took a heavy hit from the tariffs, as China was Australia's top wine export destination.

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History of this topic

Farmers fear Donald Trump's US election promise of global tariff could cause 'big issue' for Australia
1 month, 4 weeks ago

Farmers fear Donald Trump's US election promise of global tariff could cause 'big issue' for Australia

ABC  

Australian farmers and some of the nation's biggest companies could face the burden of significant tariffs on goods exported to the United States from next year. US president-elect Donald Trump successfully campaigned on a promise to introduce an across-the-board tariff of either 10 or 20 per cent, which would represent a dramatic shake-up of current trade arrangements. Tariff on Chinese …

Australian wine struggling to re-enter China market despite rise in sales after tariffs lifted
2 months, 4 weeks ago

Australian wine struggling to re-enter China market despite rise in sales after tariffs lifted

ABC  

Beijing has promised to lift the ban on Australian rock lobster, and while that may be good news for the industry, not all products returning to China have enjoyed smooth sailing. "Since 2018 the priorities for Chinese consumers has changed," Tian Zhang from AustCham China said in his first interview since being appointed CEO of the peak body representing Australian …

Australian treasurer, visiting Beijing, welcomes Chinese efforts to stimulate its economy
3 months, 1 week ago

Australian treasurer, visiting Beijing, welcomes Chinese efforts to stimulate its economy

Associated Press  

BEIJING — Australian Treasurer Jim Chalmers on Friday welcomed Chinese efforts to stimulate its slowing economy, noting that its recent weakness has hurt Australia. “Those three things are combining to slow our own economy considerably and when steps are taken here to boost economic activity and to boost growth in the Chinese economy, subject to the details that will be …

Australian treasurer welcomes Chinese efforts to stimulate economy during Beijing visit
3 months, 1 week ago

Australian treasurer welcomes Chinese efforts to stimulate economy during Beijing visit

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Australian Treasurer Jim Chalmers on …

Australian wines sparkle again in China on eased ties
4 months, 2 weeks ago

Australian wines sparkle again in China on eased ties

China Daily  

A saleswoman arranges wines imported from Australia at a bonded zone in Nantong, Jiangsu province. The total export value of Australian wines was 2.2 billion Australian dollars during the previous fiscal year — from July 1, 2023 to June 30, 2024 — up 17 percent year-on-year, according to a report released by Wine Australia, the Australian government's statutory authority that …

Australian wine company plans to expand in Chinese market
4 months, 3 weeks ago

Australian wine company plans to expand in Chinese market

China Daily  

Guests attend a promotional event held by Penfolds in Beijing in early August 2024. Driven by a burgeoning middle-income earner group and a rising demand for wine, whisky and coffee in China, as well as improved China-Australia economic and trade ties, the Australian company will continue to expand its sales networks in online channels, top and second-tier cities to seize …

Australian wine company plans to expand in Chinese market
4 months, 3 weeks ago

Australian wine company plans to expand in Chinese market

China Daily  

Guests attend a promotional event held by Penfolds in Beijing in early August 2024. Driven by a burgeoning middle-income earner group and a rising demand for wine, whisky and coffee in China, as well as improved China-Australia economic and trade ties, the Australian company will continue to expand its sales networks in online channels, top and second-tier cities to seize …

Is this the end of cheap wine?
4 months, 3 weeks ago

Is this the end of cheap wine?

The Independent  

When it comes to drinking wine for the first time, I don’t believe anybody really starts off by quaffing fancy bottles of champagne or fine Bordeaux. This can be no better reflected in the news recently that Treasury Wine Estates – one of Australia’s largest wine companies – plans to divest two of its entry level brands: Blossom Hill and …

Australia anticipates China will lift final obstacle for exports as they ease past 2020 row
6 months, 4 weeks ago

Australia anticipates China will lift final obstacle for exports as they ease past 2020 row

Associated Press  

CANBERRA, Australia — Australian Trade Minister Don Farrell on Wednesday predicted the final obstacle for exports to China, Beijing’s ban on live lobster imports, will be lifted soon after Chinese Premier Li Qiang visits the country. Prime Minister Anthony Albanese, who in November became the first Australian government leader to visit Beijing in seven years, said Li’s visit was symbolic …

Australia anticipates China will lift final obstacle for exports as they ease past 2020 row
6 months, 4 weeks ago

Australia anticipates China will lift final obstacle for exports as they ease past 2020 row

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Australian Trade Minister Don Farrell …

China lifts ban on Australian beef exporters in the latest sign of thaw
7 months, 1 week ago

China lifts ban on Australian beef exporters in the latest sign of thaw

Al Jazeera  

Move follows lifting of restrictions on imports of Australian coal, timber and barley. China has lifted an import ban on five Australian beef producers, the Australian government has said, the latest sign of a thaw after years of strained ties between Beijing and Canberra. This is welcome news for our producers and affirms the calm and consistent approach taken by …

Australian beef exports to China can resume after trade war suspension, minister says
7 months, 1 week ago

Australian beef exports to China can resume after trade war suspension, minister says

ABC  

Five major Australian beef exporters suspended from exporting meat to China can now resume, Agriculture Minister Murray Watt has confirmed. Beef industry looks to resume China trade after COVID bans Photo shows cattle in a holding pen Despite the sour political ties, beef trade tensions appear to be easing between Australia and China in 2024, as more export restrictions lift …

Australian winemaker looks to go deep into China
9 months ago

Australian winemaker looks to go deep into China

China Daily  

Kym Teusner, a winery owner, watches the fermentation of grapes after it was crushed and pressed in Barossa Valley in South Australia on March 12. Zhang Jianhua / Xinhua ADELAIDE, Australia — When Kym Teusner loaded the first shipment of Teusner Wines to Beijing in 2006 to tap into the Chinese market, he did not think that his brands would …

China lifts punitive tariffs on Australian wine
9 months, 1 week ago

China lifts punitive tariffs on Australian wine

The Hindu  

China said on Thursday it would lift punitive tariffs on Australian wine, as trade ties improve between the two countries after years of tension, with Canberra soon afterwards announcing it would drop its case against Beijing at the World Trade Organization. "The re-entry of Australian bottled wine into the Chinese market will benefit both Australian producers and Chinese consumers," Australian …

China lifts heavy tariffs on Australian wine as ties improve
9 months, 1 week ago

China lifts heavy tariffs on Australian wine as ties improve

Associated Press  

HONG KONG — China on Thursday said it will lift tariffs placed on Australian wine over three years ago, in a sign of improving ties between the two countries. China imposed tariffs on Australian wine in 2020 during a diplomatic feud over Australia’s support for a global inquiry into the origins of COVID-19. Australian wine producers took a heavy hit …

China's government officially abolishes heavy tariffs on Australian wine
9 months, 1 week ago

China's government officially abolishes heavy tariffs on Australian wine

ABC  

In short: China's government has officially abolished heavy tariffs on Australian wine, as Beijing gradually unwinds the trade barriers it placed on around $20 billion of Australian exports in 2020 and 2021. China's government has officially abolished heavy tariffs on Australian wine, as Beijing gradually unwinds the trade barriers it placed on around $20 billion of Australian exports in 2020 …

China lifts steep Australian wine tariffs as relations improve
9 months, 1 week ago

China lifts steep Australian wine tariffs as relations improve

Al Jazeera  

Beijing imposed tariffs on Australian wine in 2020 during a diplomatic feud, raising duties from zero to above 200 percent. China had been Australia’s top wine export market, and Australian wine producers took a heavy hit from the duties, which were above 200 percent. Ties have improved significantly since last year, leading China to steadily lift trade hurdles on Australian …

China wins WTO dispute with Australia over steel products
9 months, 1 week ago

China wins WTO dispute with Australia over steel products

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy China has won a nearly …

Australia should adhere to independent China policy to bolster trade
9 months, 2 weeks ago

Australia should adhere to independent China policy to bolster trade

China Daily  

SHI YU/CHINA DAILY Foreign Minister Wang Yi's visit to New Zealand and Australia from Sunday to Thursday indicates an improvement in political mutual trust between China and the two countries, especially between China and Australia. Second, Australia needs to base its China policy on its own national interests, without allowing the US to hold Sino-Australian trade relations hostage, in order …

Australia should adhere to independent China policy to bolster trade
9 months, 2 weeks ago

Australia should adhere to independent China policy to bolster trade

China Daily  

SHI YU/CHINA DAILY Foreign Minister Wang Yi's visit to New Zealand and Australia from Sunday to Thursday indicates an improvement in political mutual trust between China and the two countries, especially between China and Australia. Second, Australia needs to base its China policy on its own national interests, without allowing the US to hold Sino-Australian trade relations hostage, in order …

China wine reprieve too late to help Riverland and Riverina growers as grape harvest ends
9 months, 3 weeks ago

China wine reprieve too late to help Riverland and Riverina growers as grape harvest ends

ABC  

A decision on lifting China's tariffs on wine will come too late to provide financial relief for farmers as harvesters roll through bushy vines to collect this year's crop. Riverina Winemakers Association president Andrew Calabria said it would be hard to get Australian wine back on the shelves in China, especially with the nation facing an economic crisis. At industry …

China hints wine tariffs no longer necessary with final decision expected within weeks
9 months, 4 weeks ago

China hints wine tariffs no longer necessary with final decision expected within weeks

ABC  

In short: Beijing could lift its tariffs on wine as an interim decision by Chinese authorities reports duties are no longer needed. Beijing could lift its tariffs on wine as an interim decision by Chinese authorities reports duties are no longer needed. Beijing appears to be just weeks away from removing tariffs that have crippled Australia's wine industry since 2020, …

China wine tariffs expected to be gone by end of March after trade minister meets with Chinese counterpart
10 months, 1 week ago

China wine tariffs expected to be gone by end of March after trade minister meets with Chinese counterpart

ABC  

In short: The ABC understands China is on track to lift tariffs on Australian wine at the end of next month when a review into the wine duties concludes. The ABC understands China is on track to lift tariffs on Australian wine at the end of next month when a review into the wine duties concludes. The ABC understands that …

Canberra should not let past bias cloud judgment: China Daily editorial
1 year, 1 month ago

Canberra should not let past bias cloud judgment: China Daily editorial

China Daily  

The Chinese and Australian national flags in Sydney, Australia. Statistics released by the General Administration of Customs on Monday indicate China resumed imports of Australian barley in October, with the amount of the first batch of imports in more than three years reaching 313,700 tons worth $88.4 million. Latest GAC statistics also indicate trade between China and Australia reached $189.88 …

Vantage | Why Australia, China are trying to patch up
1 year, 2 months ago

Vantage | Why Australia, China are trying to patch up

Firstpost  

As Anthony Albanese seeks to reset ties with China, the resilience of this reset will be tested in the face of China’s expanding influence in the Pacific region and the delicate balance of power in the Asia-Pacific In recent years, the relationship between China and Australia has been marked by tension and strife. In response, China imposed a trade war …

Australian and Chinese leaders talk pandas and wine as ties improve despite disagreements
1 year, 2 months ago

Australian and Chinese leaders talk pandas and wine as ties improve despite disagreements

Associated Press  

BEIJING — The leaders of Australia and China joked about the relative cuteness of pandas and Tasmanian devils on Monday in a largely symbolic meeting that reflected the ongoing upswing in relations between the two countries after several years of acrimony and division. Prime Minister Anthony Albanese is making the first visit by an Australian leader to China in seven …

Anthony Albanese begins China trip tomorrow, to become first Australian PM to visit China since 2016
1 year, 2 months ago

Anthony Albanese begins China trip tomorrow, to become first Australian PM to visit China since 2016

Firstpost  

Anthony Albanese will become the first Australian prime minister in seven years to visit China when he embarks on a three-day visit starting Saturday Anthony Albanese will become the first Australian prime minister in seven years to visit China when he embarks on a three-day visit starting Saturday. From 2016, when Chinese leader Xi Jinping met with an Australian prime …

China wine tariff review welcomed by Australian producers, but they say the future is still uncertain
1 year, 2 months ago

China wine tariff review welcomed by Australian producers, but they say the future is still uncertain

ABC  

Australian winemakers and growers say they are optimistic but cautious that tariffs on local wine exported to China will soon be dropped. Key points: The Australian wine industry says China's review into the tariffs is a good first step Australian wine exports to China are now as low as $10 million per year The industry doesn't believe ending the tariffs …

Australia, China open first high-level dialogue in three years in a sign of slight thaw
1 year, 4 months ago

Australia, China open first high-level dialogue in three years in a sign of slight thaw

Firstpost  

Australia and China opened their first high-level dialogue in three years Thursday in a sign of a slight thaw to relations between countries that have clashed on everything from human rights to COVID-19 origins to trade Australia and China opened their first high-level dialogue in three years Thursday in a sign of a slight thaw to relations between countries that …

Australia and China open their first high-level dialogue in 3 years in a sign of a slight thaw
1 year, 4 months ago

Australia and China open their first high-level dialogue in 3 years in a sign of a slight thaw

Associated Press  

TAIPEI, Taiwan — Australia and China opened their first high-level dialogue in three years Thursday in a sign of a slight thaw to relations between countries that have clashed on everything from human rights to COVID-19 origins to trade. China’s former Foreign Minister Li Zhaoxing said the two countries should work together, but added that “We should adhere to the …

China to remove tariffs on Australian barley as ties improve
1 year, 5 months ago

China to remove tariffs on Australian barley as ties improve

The Hindu  

China said Friday it will remove extra tariffs on Australian barley, in the latest thawing of ties between the two after years of tensions. But on Friday, China's commerce ministry said it was "no longer necessary to continue to impose anti-dumping duties and countervailing duties on imports of barley originating in Australia in view of changes in the Chinese barley …

China reopens trade in Australian barley in a new sign of improved relations
1 year, 5 months ago

China reopens trade in Australian barley in a new sign of improved relations

Associated Press  

CANBERRA, Australia — China is lifting a stifling 3-year-old tariff on Australian barley starting Saturday — a sign of an improving bilateral trade relationship since Australia’s government changed. China effectively closed its door to Australian barley in May 2020 by imposing an 80.5% tariff after the previous Australian government angered Beijing by calling for an independent inquiry into the origins …

The Australia-China Barley Spat
1 year, 7 months ago

The Australia-China Barley Spat

The Diplomat  

April saw some slight movement on Australia and China’s dispute over barely. Beijing has insisted that it is up to Australia to create a “better atmosphere,” yet to Australian ears this sounds like submission to Beijing’s desires. This is something that Australia is unwilling to do, but the government has found a path that makes the relationship functional without scratching …

China lifts ban on Australian timber imports in another sign of improving bilateral relations
1 year, 7 months ago

China lifts ban on Australian timber imports in another sign of improving bilateral relations

The Hindu  

Canberra China opened its doors on May 18 to Australian timber imports for the first time in more than two years, in another sign that the tattered bilateral relationship is being repaired. Timber was on a list of Australian exports subjected to official and unofficial Chinese trade barriers imposed in 2020 after Australia called for an independent inquiry into the …

Australia’s exports to China hit record highs as barriers ease
1 year, 8 months ago

Australia’s exports to China hit record highs as barriers ease

Al Jazeera  

Exports of Australian goods to China hit $12.71bn in March, up nearly one-third from year earlier. Australia’s exports to China surged to record highs in March as the Asian giant sucked in more iron for its steel industry and lowered barriers to thermal coal shipments amid thawing diplomatic relations. Data released on Thursday showed exports of Australian goods to China …

China-Australia Trade War Shows No Sign of Abating
1 year, 9 months ago

China-Australia Trade War Shows No Sign of Abating

The Diplomat  

On February 6, China and Australia’s top trade officials met, albeit virtually, for the first time since 2019. Chinese leader Xi Jinping wants everyone to believe that his meeting with Australian Prime Minister Anthony Albanese last November came about because Australia – not China – has changed. China and Australia signed a free trade agreement in 2015, cementing a strong …

Trade pact unlocked enormous potential, says Australian PM
1 year, 10 months ago

Trade pact unlocked enormous potential, says Australian PM

The Hindu  

Visiting Australian Prime Minister Anthony Albanese in Mumbai on Thursday said the India-Australia Economic Cooperation & Trade Agreement, which recently came into force, has unlocked enormous potential in the relationship between the two countries. “It gives Australian businesses far greater access to the mighty Indian economy, a market of some 1.4 billion people and one of the world’s fastest growing …

Australian, New Zealand leaders' talk focusses on China
1 year, 11 months ago

Australian, New Zealand leaders' talk focusses on China

The Hindu  

Australian and New Zealand Prime Ministers met on February 7 to talk about China’s importance to their national economies, resolving to voice their disagreements with their most important trading partner that is becoming more assertive in their region. New Zealand Prime Minister Chris Hipkins made Australia the destination of his first overseas trip as his government’s leader since his predecessor …

Australian wine exporters look to India to help fill $1bn China trade hole
2 years, 1 month ago

Australian wine exporters look to India to help fill $1bn China trade hole

ABC  

With the largest population of young people in the world and 100 million of them reaching the legal drinking age over the next five years, India is an exciting proposition for Australian wine exporters at a time when there's not a lot to get excited about. Key points: India imports more wine from Australia than any other country The current …

Stung by China’s tariffs, Australian growers embrace new markets
2 years, 5 months ago

Stung by China’s tariffs, Australian growers embrace new markets

Al Jazeera  

Exporters of barley and wine are seeking to diversify after more than two years of Chinese trade restrictions. “It’s probably one of the most significant market challenges we’ve faced,” said Hosking, who is also chair of GrainGrowers, the national voice for Australian grain farmers. China is “still a really important market” for grain overall, he said, and farmers typically grow …

India, Australia winemakers step up alliance ahead of FTA
2 years, 6 months ago

India, Australia winemakers step up alliance ahead of FTA

Live Mint  

Indian winemakers have accelerated partnerships with Australian wineries in areas such as disease management, planting imported grape vines and ensuring smoother customs clearances at Indian ports. Though the interim free trade agreement signed in April is yet to be ratified; at a virtual meeting last month, industry representatives from both countries agreed to help lower the cost of growing grapes …

Australia’s government urges China to remove trade barriers
2 years, 7 months ago

Australia’s government urges China to remove trade barriers

Associated Press  

CANBERRA, Australia — Australia’s new government has urged China to lift trade sanctions if it wants to reset a bilateral relationship that plumbed new depths under the previous administration. The Chinese premier’s congratulatory letter to Prime Minister Anthony Albanese on his election victory was widely seen as a relaxation of Beijing’s two-year ban on high-level government contact with Australia. “It …

World Trade Organization appoints panel to rule on Australia China wine dispute
2 years, 9 months ago

World Trade Organization appoints panel to rule on Australia China wine dispute

ABC  

The international trade umpire has appointed panellists to adjudicate Australia's battle with China over wine export tariffs. Key points: An independent panel of three experts will adjudicate Australia's dispute with China over wine export tariffs Last year, China introduced anti-dumping duties of up to 218 per cent on Australian wine Trade Minister Dan Tehan says Australia remains open to further …

Australians buy a record quantity of imports from China
2 years, 11 months ago

Australians buy a record quantity of imports from China

Daily Mail  

Australia is relying on China for everyday goods even more than before with imports surging to record levels despite strained diplomatic relations. The Omicron surge has In the year to November, Australia bought a record $89.8billion worth of imports from China, marking an 8.3 per cent annual increase. Last year also saw a Chinese-owned car brand make the top ten …

UK surpasses China as top buyer of expensive Australian wine
3 years, 2 months ago

UK surpasses China as top buyer of expensive Australian wine

Al Jazeera  

The shift comes as Australia’s wine sales to China have plunged in the wake of an ongoing rift between them. Once seen as a prime market for cheaper product, the U.K. has now surpassed China to become the top destination for higher-end Australian wine, according a report from Wine Australia. Still, the overall value of Australian wine exports slumped 24% …

Australia to dump over-reliance on China as Canberra launches tough offensive against Beijing
3 years, 4 months ago

Australia to dump over-reliance on China as Canberra launches tough offensive against Beijing

Daily Mail  

Australia is set to adopt a tough new strategy to combat China after withstanding an ongoing campaign of 'economic coercion' over the past 18 months. The strategic economic pivot away from the increasingly belligerent and authoritarian nation also urges Australian firms to find new supply chains outside of China. Treasurer Josh Frydenberg outlined a new strategy to combat China after …

Chinese official declares Beijing has targeted Australian goods as economic punishment
3 years, 6 months ago

Chinese official declares Beijing has targeted Australian goods as economic punishment

ABC  

A Chinese official has openly declared that Beijing has singled out Australia for economic punishment, saying the federal government cannot profit from China while "smearing" it. Key points: The rift between China and Australia has deepened in 2021 after a turbulent 2020 There are tensions over foreign interference, the COVID-19 outbreak and human rights abuses In the past Beijing, claimed …

Australia to refer China to the World Trade Organization over wine tariffs
3 years, 6 months ago

Australia to refer China to the World Trade Organization over wine tariffs

ABC  

Australia will appeal to the international trade umpire over China's decision to impose trade-ending tariffs of up to 220 per cent on Australian wine. Key points: Trade Minister Dan Tehan said China's actions have caused "serious harm" to Australia's wine industry Wine exports to China fell from $1.1 billion to $20 million when tariffs were imposed The WTO process will …

Tariffs axed immediately on Australian beef and lamb, triggering fears that farmers will be sent ‘to the wall’
3 years, 6 months ago

Tariffs axed immediately on Australian beef and lamb, triggering fears that farmers will be sent ‘to the wall’

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

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