China lifted tariffs on Australian wine, resuming trade and boosting exports.

China lifted anti-dumping and anti-subsidy tariffs on Australian wine, resuming trade and boosting Australian wine exports to China. Trade is expected to surpass 2019 levels, supporting hundreds of thousands of jobs in the wine industry and related sectors. The Chinese market has been a significant export market for Australian wine, accounting for 40% of exports for Teusner Winery since 2006.