China’s Sour Grapes Spell Trouble for Australian Wine

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Australian winemaker Treasury Wine has for years benefited from quenching the thirst of the nouveau riche in China. The souring relationship between Australia and China has now left it with a nasty hangover.

China imposed anti-dumping tariffs on Australian wines last week after an investigation by Beijing, whose findings were rejected by the Australian government. There is a political background: Relations between the two countries have been on ice since April, when Australia campaigned for a global investigation into the…



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