China Imposes Steep Duties on Australian Wine due to "Trade Violation". Australian Says the Move Deals Major Blow on the Industries
China’s Ministry of Commerce (MOFCOM) stated that its investigations had revealed that Australian wine exports breached China’s Anti-dumping Regulations, harming the local wine industry. MOFCOM would impose duties on Australian wine importers. Charges increase from 107.1% to 212.1% for the Australian wine in “containers of two litres or less”. The customs authority determined the cost.
Apart from the wine industry, other industries also suffered as a consequence of deteriorating China-Australia relations. China earlier cited “failed to meet environmental standards” as the reason to hold up 82 coal ships and 1,500 cargo crews at Chinese ports, involving AUD 1.1 billion of coal.
China-Australia relations have soured in recent years as both nations made moves at each other on the global stage. Australia has repeatedly criticized China’s human rights policies towards Hong Kong and the Xinjiang Uyghurs. Since the national security law took effect in Hong Kong in early July, Australia has also made available "safe haven" policies for Hongkongers.
The move was not the first undertaken by China to target Australian products. The New York Times editorial opined that one of the key moments that turned China-Australia relations to the worse was when the Australian government made a statement at the start of the year calling for an independent inquiry into the source of COVID-19. China has since then gradually imposed restrictions on Australian imports. The editorial described this move as reflecting a “CCP-style globalization” policy: on the one hand promoting the opening up of countries, while on the other using threats to coerce other countries to follow China’s approach in different matters.
Besides actual trade moves, China has adopted increasingly hard-line expressions in its foreign policy addresses to Australia. The Five Eyes alliance, which Australia is part of, has previously called on China to reconsider their decision on Hong Kong Legislators disqualification, and was rebuked by the Chinese Ministry of Foreign Affairs spokesperson Zhao Lijian, “No matter if they have five eyes or ten eyes, if they dare harm China's sovereignty, security and development interests, they should beware of their eyes being poked and blinded”
#wine #Australianwine #Australia #Aus #China #Antidumping #MOFCOM #MinistryofCommerce #CCP #FiveEyesAlliance #ZhaoLijian #HongKong #LegCoDisqualification
Source: Stand News #Nov27
https://bit.ly/2JYqXVG
China’s Ministry of Commerce (MOFCOM) stated that its investigations had revealed that Australian wine exports breached China’s Anti-dumping Regulations, harming the local wine industry. MOFCOM would impose duties on Australian wine importers. Charges increase from 107.1% to 212.1% for the Australian wine in “containers of two litres or less”. The customs authority determined the cost.
Apart from the wine industry, other industries also suffered as a consequence of deteriorating China-Australia relations. China earlier cited “failed to meet environmental standards” as the reason to hold up 82 coal ships and 1,500 cargo crews at Chinese ports, involving AUD 1.1 billion of coal.
China-Australia relations have soured in recent years as both nations made moves at each other on the global stage. Australia has repeatedly criticized China’s human rights policies towards Hong Kong and the Xinjiang Uyghurs. Since the national security law took effect in Hong Kong in early July, Australia has also made available "safe haven" policies for Hongkongers.
The move was not the first undertaken by China to target Australian products. The New York Times editorial opined that one of the key moments that turned China-Australia relations to the worse was when the Australian government made a statement at the start of the year calling for an independent inquiry into the source of COVID-19. China has since then gradually imposed restrictions on Australian imports. The editorial described this move as reflecting a “CCP-style globalization” policy: on the one hand promoting the opening up of countries, while on the other using threats to coerce other countries to follow China’s approach in different matters.
Besides actual trade moves, China has adopted increasingly hard-line expressions in its foreign policy addresses to Australia. The Five Eyes alliance, which Australia is part of, has previously called on China to reconsider their decision on Hong Kong Legislators disqualification, and was rebuked by the Chinese Ministry of Foreign Affairs spokesperson Zhao Lijian, “No matter if they have five eyes or ten eyes, if they dare harm China's sovereignty, security and development interests, they should beware of their eyes being poked and blinded”
#wine #Australianwine #Australia #Aus #China #Antidumping #MOFCOM #MinistryofCommerce #CCP #FiveEyesAlliance #ZhaoLijian #HongKong #LegCoDisqualification
Source: Stand News #Nov27
https://bit.ly/2JYqXVG
China-Australia trade war forces winemakers to look to US, UK, and India to market
Australian winemakers are looking to Britain, the U.S. and India as alternative markets, as tensions with China brought about by the coronavirus pandemic force the industry to seek stability in 2021.
"We are fighting with every other wine producing nation in the world for a slice of that market,” Lee McLean, from industry group Australian Grape and Wine, said.
Bruce Tyrrell from Tyrrell's Wines in the Hunter Valley said he believed the American and British markets were worth expanding, but, his strategy was to grow his exports in other Asian countries and build entirely new markets in Central Asia.
India is another growth area, however high duties and taxes on imported wine mean it is not an overly attractive market for many producers just yet.
The wine industry is calling on the Federal Government to finalise a bilateral trade deal with India, known as the Australia-India Comprehensive Economic Cooperation Agreement, that has been in the works for 9 years.
Source: ABC #Jan02
https://www.abc.net.au/news/rural/2021-01-02/china-australia-trade-war-winemakers-look-for-new-markets-covid/13026228
#AustralianWine #AustraliaChina
Australian winemakers are looking to Britain, the U.S. and India as alternative markets, as tensions with China brought about by the coronavirus pandemic force the industry to seek stability in 2021.
"We are fighting with every other wine producing nation in the world for a slice of that market,” Lee McLean, from industry group Australian Grape and Wine, said.
Bruce Tyrrell from Tyrrell's Wines in the Hunter Valley said he believed the American and British markets were worth expanding, but, his strategy was to grow his exports in other Asian countries and build entirely new markets in Central Asia.
India is another growth area, however high duties and taxes on imported wine mean it is not an overly attractive market for many producers just yet.
The wine industry is calling on the Federal Government to finalise a bilateral trade deal with India, known as the Australia-India Comprehensive Economic Cooperation Agreement, that has been in the works for 9 years.
Source: ABC #Jan02
https://www.abc.net.au/news/rural/2021-01-02/china-australia-trade-war-winemakers-look-for-new-markets-covid/13026228
#AustralianWine #AustraliaChina
www.abc.net.au
'We don't need to be licking the boots of China': Australian winemakers look for new markets
As Australian trade officials attempt to negotiate their way out of trade disputes with China, many of the nation's winemakers are conceding it is time to find more reliable countries to trade with.