Chinese wine tariffs on Australian products were lifted, but trade remains challenging due to lingering buyer caution and red tape.
Chinese wine tariffs on Australian products were lifted four weeks ago, but Chinese buyers remain cautious and have not shown significant demand increases. Rathbone Wine Group resumed exports, but found trade with China more challenging than expected, with containers of wine waiting on wharfs for months. Rathbone sees "reasonable amount of red tape" still present, but at pre-tariff levels.
April 28, 2024
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