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China’s move to resume Australian wine imports unlikely to end troubles for local growers
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Winemakers and analysts in Australia say the damage to the sector could prove impossible to reverse.
PHOTO: REUTERS
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SYDNEY – Beijing’s lifting of sanctions on Australian wine in late March
Australia sold A$1.2 billion (S$1.06 billion) worth of wine in 2019 to China, which was then its largest bottled wine market. But the tariffs imposed in 2020 – which were as high as 218 per cent – sent sales plummeting.
