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China trade war: Beijing says Australian wine is cheap in latest insult – NEWS.com.au
China trade war: Beijing says Australian wine is cheap in latest insult
Australian wine is considered among the best in the world, but Beijing has delivered a fresh insult to local producers amid an ongoing trade stoush saying China only bought the booze because it was cheap. A piece in government mouthpiece the Global Times claimed the new trade tariffs – which have devastated the industry with import taxes of up to a staggering 212 per cent – could lead to a wine and grape “glut” in Australia when demand from Chinese importers drops.
The tabloid, which labelled the…
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